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Bytes Technology Group (JSE:BYI) Accounts Payable & Accrued Expense : R4,497 Mil (As of Feb. 2024)


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What is Bytes Technology Group Accounts Payable & Accrued Expense?

Bytes Technology Group's quarterly accounts payable & accrued expense increased from Feb. 2023 (R3,305 Mil) to Aug. 2023 (R4,243 Mil) and increased from Aug. 2023 (R4,243 Mil) to Feb. 2024 (R4,497 Mil).

Bytes Technology Group's annual accounts payable & accrued expense increased from Feb. 2022 (R2,859 Mil) to Feb. 2023 (R3,305 Mil) and increased from Feb. 2023 (R3,305 Mil) to Feb. 2024 (R4,497 Mil).


Bytes Technology Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bytes Technology Group's Accounts Payable & Accrued Expense 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.

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Bytes Technology Group Accounts Payable & Accrued Expense Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 2,245.68 2,173.88 2,859.29 3,304.67 4,496.71

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,859.29 2,864.04 3,304.67 4,242.59 4,496.71

Bytes Technology Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Bytes Technology Group (JSE:BYI) Business Description

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Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

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