BYITY (Bytes Technology Group) Inventory Turnover: 1,971.63 (As of Feb. 2026)


BYITY Bytes Technology Group PLC BYITY
62 GF Score
Price $9.88
GF Value $14.00
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Bytes Technology Group Inventory Turnover?

Bytes Technology Group BYITY -7.06% 62 Inventory Turnover is 1,971.63 as of Feb. 2026. GuruFocus rates BYITY with a GF Score™ of 62/100 and a GF Value™ of $14.00 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bytes Technology Group's Cost of Goods Sold for the six months ended in Feb. 2026 was $37.5 Mil. Bytes Technology Group's Average Total Inventories for the quarter that ended in Feb. 2026 was $0.0 Mil. Bytes Technology Group's Inventory Turnover for the quarter that ended in Feb. 2026 was 1,971.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bytes Technology Group's Days Inventory for the six months ended in Feb. 2026 was 0.09.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Bytes Technology Group's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.00.

Bytes Technology Group  (OTCPK:BYITY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bytes Technology Group's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=0.019/37.461*365 / 2
=0.09

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Bytes Technology Group's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=0.019 / 152.826
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Bytes Technology Group Inventory Turnover Related Terms

Bytes Technology Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Bytes Technology Group's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bytes Technology Group Inventory Turnover Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 109.61 662.42 1,059.27 1,438.36 4,019.56

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 469.33 617.41 1,915.00 1,868.27 1,971.63
BYITY
62GF Score
Bytes Technology Group PLC BYITY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bytes Technology Group Inventory Turnover Calculation

Bytes Technology Group's Inventory Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Inventory Turnover (A: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2026 ) / ((Total Inventories (A: Feb. 2025 ) + Total Inventories (A: Feb. 2026 )) / count )
=72.352 / ((0.018 + 0) / 1 )
=72.352 / 0.018
=4,019.56

Bytes Technology Group's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Aug. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=37.461 / ((0.019 + 0) / 1 )
=37.461 / 0.019
=1,971.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1,971.63 mean?
Bytes Technology Group (BYITY) has a Inventory Turnover of 1,971.63 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bytes Technology Group and its competitors.
Is Bytes Technology Group's Inventory Turnover too high?
Bytes Technology Group's current Inventory Turnover is 1,971.63. Overall, Bytes Technology Group has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's Inventory Turnover compare to MSFT and ORCL?
Bytes Technology Group's Inventory Turnover of 1,971.63 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bytes Technology Group and its competitors. Bytes Technology Group's current Inventory Turnover is 1,971.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytes Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Bytes Technology Group (BYITY) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.00, compared to a current price of $9.88 — trading 29.4% below its estimated fair value. The current Inventory Turnover is 1,971.63. Bytes Technology Group's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Inventory Turnover is 1,971.63 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bytes Technology Group (BYITY) Overvalued in 2026?

Based on GuruFocus' analysis, Bytes Technology Group stock appears to be undervalued. The current stock price of $9.88 is trading 29.4% below its estimated GF Value™ of $14.00. GuruFocus considers Bytes Technology Group to be Significantly Undervalued.

Key valuation signals for BYITY:

  • Inventory Turnover: 1,971.63
  • GF Value™: $14.00 vs. price of $9.88 (29.4% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the BYITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bytes Technology Group Business Description

Address Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC is one of the UK's heading providers of IT software offerings and solutions, with a focus on cloud and security products. The Group enables effective and cost-efficient technology sourcing, adoption and management across software services, including in the areas of security and cloud. The company has only one reportable segment. The company's products are Software, Hardware, Services internal, and Services external. The company has presence in United Kingdom, Europe, Rest of world. The company generates majority of revenue from United Kingdom.
62GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.88
Price
$14.00
GF Value