Ray

Ray Cash Conversion

The Cash Conversion Rate (OCF/Net Income) of Ray (4317.T) as of Oct 8, 2026 is 179.61 %. In the previous year, Cash Conversion Rate (OCF/Net Income) was 226.16 % — a change of -20.58% (lower).

Cash Conversion

179.61 %

YoY

-20.58%

Last updated:

Cash Conversion Rate (OCF/Net Income) of Ray is 2026 179.61 % . Cash Conversion Rate (OCF/Net Income) of Ray was 2025 226.16 % . It decreases by -20.58% lower compared to the previous year.

The Ray Cash Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion
Date
Cash Conversion
Jan 1, 2019
328.39 JPY
Jan 1, 2020
198.13 JPY
Jan 1, 2021
-230.96 JPY
Jan 1, 2022
245.14 JPY
Jan 1, 2023
100.80 JPY
Jan 1, 2024
127.88 JPY
Jan 1, 2025
226.16 JPY
Jan 1, 2026
179.61 JPY
The Ray Cash Conversion history
YEARCash ConversionYoY
179.61 %-20.58%
226.16 %+76.85%
127.88 %+26.86%
100.80 %-58.88%
245.14 %-206.14%
-230.96 %-216.57%
198.13 %-39.67%
328.39 %+120.21%
149.13 %-73.28%
558.05 %+144.12%
228.60 %-2.44%
234.33 %+27.85%
183.28 %—
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Ray Stock analysis

What does Ray do? Ray is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ray stock

Cash Conversion Rate (OCF/Net Income) of Ray is 179.61 % in 2026.

Cash Conversion Rate (OCF/Net Income) of Ray changed from 226.16 % to 179.61 %, representing a -20.58% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Rate (OCF/Net Income) Ray since 2006 – with annual values, charts, and detailed analysis.

Cash conversion measures how effectively net income converts to operating cash flow. Ratios above 100% indicate high-quality, cash-backed earnings.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Rate (OCF/Net Income)'s Ray with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Rate (OCF/Net Income)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Rate (OCF/Net Income).

Access this data via the Eulerpool API

Cash Flow — Ray

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