Bytes Technology Ltd (BYIT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Bytes Technology Ltd (BYIT) has a cash flow conversion efficiency ratio of 0.626x as of February 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX50.81 Million ≈ $6.18K USD) by net assets (GBX81.12 Million ≈ $9.87K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Bytes Technology Ltd balance sheet quality to measure how much of total assets are equity-financed.
Bytes Technology Ltd - Cash Flow Conversion Efficiency Trend (2018–2026)
This chart illustrates how Bytes Technology Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BYIT cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Bytes Technology Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bytes Technology Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aalborg Boldspilklub A/S
CO:AAB
|
-0.204x |
|
LIFESPEAK INC.
F:81F
|
N/A |
|
Standard Industries Limited
NSE:SIL
|
0.540x |
|
Prochem S.A.
WAR:PRM
|
0.020x |
|
Zantat Holdings Berhad
KLSE:0301
|
0.023x |
|
Quantum Software SA
WAR:QNT
|
0.008x |
|
Nuvotec
KQ:060260
|
-0.075x |
|
Urgent.ly Inc. Common Stock
NASDAQ:ULY
|
0.038x |
Annual Cash Flow Conversion Efficiency for Bytes Technology Ltd (2018–2026)
The table below shows the annual cash flow conversion efficiency of Bytes Technology Ltd from 2018 to 2026. For the full company profile with market capitalisation and key ratios, see BYIT company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-02-28 | GBX81.12 Million ≈ $9.87K |
GBX61.04 Million ≈ $7.43K |
0.753x | -1.58% |
| 2025-02-28 | GBX98.04 Million ≈ $11.93K |
GBX74.97 Million ≈ $9.12K |
0.765x | +5.08% |
| 2024-02-29 | GBX78.34 Million ≈ $9.53K |
GBX57.01 Million ≈ $6.94K |
0.728x | 0.00% |
| 2024-02-28 | GBX78.34 Million ≈ $9.53K |
GBX57.01 Million ≈ $6.94K |
0.728x | +17.30% |
| 2023-02-28 | GBX61.50 Million ≈ $7.48K |
GBX38.15 Million ≈ $4.64K |
0.620x | -43.30% |
| 2022-02-28 | GBX47.57 Million ≈ $5.79K |
GBX52.05 Million ≈ $6.33K |
1.094x | -41.31% |
| 2021-02-28 | GBX16.75 Million ≈ $2.04K |
GBX31.22 Million ≈ $3.80K |
1.864x | +165.44% |
| 2020-02-29 | GBX52.78 Million ≈ $6.42K |
GBX37.07 Million ≈ $4.51K |
0.702x | 0.00% |
| 2020-02-28 | GBX52.78 Million ≈ $6.42K |
GBX37.07 Million ≈ $4.51K |
0.702x | +10.08% |
| 2019-02-28 | GBX42.15 Million ≈ $5.13K |
GBX26.89 Million ≈ $3.27K |
0.638x | +98.43% |
| 2018-02-28 | GBX33.62 Million ≈ $4.09K |
GBX10.81 Million ≈ $1.32K |
0.322x | -- |
About Bytes Technology Ltd
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally. It sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. The company also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more