The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Bytes Technology Group's Revenue for the
six
months ended in Feb. 2026 was $152.8 Mil. Bytes Technology Group's average Accounts Receivable for the
six
months ended in Feb. 2026 was $360.0 Mil.
Hence, Bytes Technology Group's Receivables Turnover for the
six
months ended in Feb. 2026 was 0.42.
Bytes Technology Group (OTCPK:BYITY) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Bytes Technology Group Receivables Turnover Related Terms
Bytes Technology Group Receivables Turnover Historical Data
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The historical data trend for Bytes Technology Group's Receivables 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.
BYITY vs MSFT, ORCL, PLTR: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, Bytes Technology Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bytes Technology Group Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's Receivables Turnover falls into.
* 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 (BYITY) has a Receivables Turnover of 0.42 as of Feb. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Bytes Technology Group and its competitors. According to the industry distribution chart, Bytes Technology Group ranks #2687 out of 2771 companies in the Software industry, placing it in the top 97%.
Is Bytes Technology Group's Receivables Turnover too high?
Bytes Technology Group's current Receivables Turnover is 0.42. The Software industry median Receivables Turnover is 5.67. Bytes Technology Group's value of 0.42 is 92.6% below this industry median. Based on the distribution chart, Bytes Technology Group ranks #2687 out of 2771 companies in the Software industry, which is in the bottom quartile relative to peers. 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 Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #2687 out of 2771 companies for Receivables Turnover. This places Bytes Technology Group in the lower half of its industry. The industry median Receivables Turnover is 5.67. Bytes Technology Group's value of 0.42 is 92.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,771 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bytes Technology Group's current Receivables Turnover of 0.42 is 92.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Bytes Technology Group and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current Receivables Turnover is 0.42. 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 $13.19, compared to a current price of $9.88 — trading 25.1% below its estimated fair value. The current Receivables Turnover is 0.42 and 92.6% below the Software industry median of 5.67. Bytes Technology Group's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Receivables Turnover is 0.42 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 25.1% below its estimated GF Value™ of $13.19.
GuruFocus considers Bytes Technology Group to be Modestly Undervalued.
Key valuation signals for BYITY:
Receivables Turnover: 0.42
GF Value™: $13.19 vs. price of $9.88 (25.1% below fair value)
Industry Position: 92.6% below the Software median (#2687 of 2771)
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 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
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