Clicks (CLS) — Cash Flow Reinvestment Rate
Latest as of February 2026:
0.30x
Clicks (CLS) has a Cash Flow Reinvestment Rate of 0.30x as of February 2026, reinvesting ZAC310.58 Million (capex ZAC310.58 Million ) from operating cash flow of ZAC1.05 Billion. See CLS free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
0.30x
(Capex + Investments) / Operating CF
Total Reinvested
ZAC310.58 Million
Capex + Investments
Operating Cash Flow
ZAC1.05 Billion
ZAC
Capital Expenditures
ZAC310.58 Million
ZAC
Clicks Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Clicks across 23 annual periods. For the full cash flow conversion analysis, see Clicks (CLS) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Clicks (2002–2025)
Year-by-year capital reinvestment analysis for Clicks. See CLS financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (ZAC) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | ZAC984.53 Million | ZAC5.24 Billion | ZAC984.53 Million | ▼ -51.3% |
| 2024 | 0.39x | ZAC1.80 Billion | ZAC4.68 Billion | ZAC890.86 Million | ▼ -40.4% |
| 2023 | 0.65x | ZAC2.14 Billion | ZAC3.31 Billion | ZAC930.00 Million | ▲ +46.5% |
| 2022 | 0.44x | ZAC846.31 Million | ZAC1.92 Billion | ZAC837.60 Million | ▲ +44.0% |
| 2021 | 0.31x | ZAC708.74 Million | ZAC2.31 Billion | ZAC689.74 Million | ▼ -26.5% |
| 2020 | 0.42x | ZAC632.72 Million | ZAC1.52 Billion | ZAC590.88 Million | ▲ +14.2% |
| 2019 | 0.37x | ZAC688.55 Million | ZAC1.89 Billion | ZAC646.71 Million | ▼ -29.0% |
| 2018 | 0.51x | ZAC716.90 Million | ZAC1.39 Billion | ZAC671.23 Million | ▼ -15.6% |
| 2017 | 0.61x | ZAC520.35 Million | ZAC853.80 Million | ZAC517.85 Million | ▼ -47.9% |
| 2016 | 1.17x | ZAC887.72 Million | ZAC759.14 Million | ZAC432.96 Million | ▲ +141.4% |
| 2015 | 0.48x | ZAC386.96 Million | ZAC798.99 Million | ZAC369.55 Million | ▲ +41.5% |
| 2014 | 0.34x | ZAC354.27 Million | ZAC1.04 Billion | ZAC336.85 Million | ▼ -31.7% |
| 2013 | 0.50x | ZAC309.89 Million | ZAC618.81 Million | ZAC309.89 Million | ▼ -16.5% |
| 2012 | 0.60x | ZAC255.79 Million | ZAC426.32 Million | ZAC255.79 Million | ▲ +6.1% |
| 2011 | 0.57x | ZAC215.70 Million | ZAC381.56 Million | ZAC215.70 Million | ▼ -48.4% |
| 2010 | 1.10x | ZAC206.48 Million | ZAC188.39 Million | ZAC206.48 Million | ▲ +322.7% |
| 2009 | 0.26x | ZAC224.62 Million | ZAC866.40 Million | ZAC224.62 Million | ▼ -84.0% |
| 2008 | 1.62x | ZAC174.30 Million | ZAC107.53 Million | ZAC174.30 Million | ▲ +970.7% |
| 2007 | 0.15x | ZAC154.87 Million | ZAC1.02 Billion | ZAC154.87 Million | ▼ -89.1% |
| 2006 | 1.39x | ZAC163.57 Million | ZAC117.64 Million | ZAC163.57 Million | ▲ +89.6% |
| 2004 | 0.73x | ZAC160.55 Million | ZAC218.96 Million | ZAC160.55 Million | ▲ +21.8% |
| 2003 | 0.60x | ZAC203.00 Million | ZAC337.21 Million | ZAC203.00 Million | ▼ -18.6% |
| 2002 | 0.74x | ZAC158.00 Million | ZAC213.66 Million | ZAC158.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow