Bytes Technology Group annual asset turnover
2022
2023
2024
2025
2026
Bytes Technology Group Asset Turnover Growth & History (BYIT)
Bytes Technology Group's asset turnover was 0.47 for fiscal 2026.
View full Bytes Technology Group company overviewBytes Technology Group annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 0.47 | −0.05 | −8.74% |
| 2025 | 2025-02-28 | 0.52 | −0.07 | −12.01% |
| 2024 | 2024-02-29 | 0.59 | −0.02 | −3.15% |
| 2023 | 2023-02-28 | 0.61 | −1.28 | −67.77% |
| 2022 | 2022-02-28 | 1.89 | — | — |
Bytes Technology Group asset turnover trends
Between the periods ended 2022-02-28 and 2026-02-28, Bytes Technology Group's asset turnover decreased from 1.89 to 0.47, a change of −1.42.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bytes Technology Group source filings ↗Community posts
Bytes upgrades annual outlook after strong first-half gross-profit growth
Bytes ($BYIT) Technology Group raised its fiscal 2027 expectations after trading ahead of plan in the first half. Gross invoiced income is estimated to have increased 19%, gross profit 18%, and operating profit 6%. Management now expects fu ...
