BYITY (Bytes Technology Group) Other Current Assets: $6.1 Mil (As of Feb. 2026)


BYITY Bytes Technology Group PLC BYITY
66 GF Score
Price $9.88
GF Value $14.00
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bytes Technology Group Other Current Assets?

Bytes Technology Group BYITY -7.06% 66 Other Current Assets is $6.1 Mil as of Feb. 2026. GuruFocus rates BYITY with a GF Score™ of 66/100 and a GF Value™ of $14.00 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Bytes Technology Group's other current assets for the quarter that ended in Feb. 2026 was $6.1 Mil.

Bytes Technology Group's quarterly other current assets increased from Feb. 2025 ($2.9 Mil) to Aug. 2025 ($5.3 Mil) and increased from Aug. 2025 ($5.3 Mil) to Feb. 2026 ($6.1Mil).

Bytes Technology Group's annual other current assets increased from Feb. 2024 ($2.5 Mil) to Feb. 2025 ($2.9 Mil) increased from Feb. 2025 ($2.9 Mil) to Feb. 2026 ($6.1 Mil).


Bytes Technology Group Other Current Assets Related Terms


Bytes Technology Group Other Current Assets Historical Data

* Premium members only.

The historical data trend for Bytes Technology Group's Other Current Assets 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 Other Current Assets Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 1.89 1.98 2.48 2.90 6.08

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Other Current Assets 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 2.48 4.14 2.90 5.25 6.08
BYITY
66GF Score
Bytes Technology Group PLC BYITY
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bytes Technology Group Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $6.1 Mil mean?
Bytes Technology Group (BYITY) has a Other Current Assets of $6.1 Mil as of Feb. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Bytes Technology Group.
Is Bytes Technology Group's Other Current Assets too high?
Bytes Technology Group's current Other Current Assets is $6.1 Mil. Overall, Bytes Technology Group has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's Other Current Assets compare to MSFT and ORCL?
Bytes Technology Group's Other Current Assets of $6.1 Mil 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 Other Current Assets for a Software company?
A good Other Current Assets depends on the Software industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Bytes Technology Group. Bytes Technology Group's current Other Current Assets is $6.1 Mil. 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 Modestly 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 Other Current Assets is $6.1 Mil. Bytes Technology Group's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Other Current Assets is $6.1 Mil 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 Modestly Undervalued.

Key valuation signals for BYITY:

  • Other Current Assets: $6.1 Mil
  • GF Value™: $14.00 vs. price of $9.88 (29.4% below fair value)
  • GF Score™: 66/100 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.
66GF Score

Get the complete analysis for BYITY

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

$9.88
Price
$14.00
GF Value