Bytes Technology Group (JSE:BYI) Change In Receivables : R-943 Mil (TTM As of Feb. 2024)

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What is Bytes Technology Group Change In Receivables?

Bytes Technology Group's change in receivables for the quarter that ended in Feb. 2024 was R-939 Mil. It means Bytes Technology Group's Accounts Receivable increased by R939 Mil from Aug. 2023 to Feb. 2024 .

Bytes Technology Group's change in receivables for the fiscal year that ended in Feb. 2024 was R-943 Mil. It means Bytes Technology Group's Accounts Receivable increased by R943 Mil from Feb. 2023 to Feb. 2024 .

Bytes Technology Group's Accounts Receivable for the quarter that ended in Feb. 2024 was R5,101 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Bytes Technology Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 394.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bytes Technology Group's liquidation value for the six months ended in Feb. 2024 was R-1,277 Mil.

Bytes Technology Group Change In Receivables Historical Data

The historical data trend for Bytes Technology Group's Change In Receivables 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 Change In Receivables Chart

Bytes Technology Group Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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-379.99

-631.79

-1,035.11

-706.64

-942.65

Bytes Technology Group Semi-Annual Data
	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial							-1,178.20	-333.03	-346.26	-3.63	-939.00

Bytes Technology Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-943 Mil.

Bytes Technology Group (JSE:BYI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Bytes Technology Group's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5100.728	/	2360.82	*	91
=	394.30

2. In Ben Graham's calculation of liquidation value, Bytes Technology Group's accounts receivable are only considered to be worth 75% of book value:

Bytes Technology Group's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2133.051	-	7236.517	+	0.75 * 5100.728	+	0.5 * 1.441
=	-1,277

Bytes Technology Group Change In Receivables Related Terms

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Bytes Technology Group (JSE:BYI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (JSE:BYI) » Definitions » Change In Receivables

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Traded in Other Exchanges

BYITl:UK BYIT:UK 9NY:Germany

Address

Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW

Website

https://www.bytesplc.com

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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