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 0.132x as of August 2025. 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 (GBX10.24 Million ≈ $1.25K USD) by net assets (GBX77.42 Million ≈ $9.42K 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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Bytes Technology Ltd - Cash Flow Conversion Efficiency Trend (2018–2025)
This chart illustrates how Bytes Technology Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Eastern Technical Engineering Public Company Limited
BK:ETE
|
0.021x |
|
Wolfden Resources Corporation
V:WLF
|
-0.231x |
|
Mannatech Incorporated
NASDAQ:MTEX
|
0.347x |
|
Excite Technology Services Ltd
AU:EXT
|
4.205x |
|
Greencore Group
LSE:GNC
|
0.221x |
|
IDT Australia Ltd
AU:IDT
|
-0.047x |
|
WF Holding Limited Ordinary Shares
NASDAQ:WFF
|
N/A |
|
LEADING HOLDINGS DL-01
F:88Z
|
N/A |
Annual Cash Flow Conversion Efficiency for Bytes Technology Ltd (2018–2025)
The table below shows the annual cash flow conversion efficiency of Bytes Technology Ltd from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see Bytes Technology Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. It also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more