Cash conversion: operating cash flow over operating profit
Ranked from the filings of the
companies this site has read, under
.
50 of them report a figure for this; the rest are absent rather than
ranked last, because a filing that does not carry a number is not a company that scores
badly on it.
How much of the profit on the income statement turned up as cash. Above 1.0 means more cash came in than profit was reported, usually because customers pay in advance. Not computed on a loss, where the ratio would compare two numbers of opposite sign.
catches profit that never becomes cash; undefined on a loss
It is not advice, and a high place is not a recommendation. A company can lead on one
measure and fail on every other; that is the reason this site scores five dimensions
rather than one and lets you weigh them yourself.
It also ranks only what has been read. A company whose filings are not in this database
cannot appear here however well it would have done, and a company whose filing does not
tag this figure is absent rather than last.