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Wipro (WIT) Gross-Profit-to-Asset % : 22.95% (As of Sep. 2023)


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What is Wipro Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Wipro's annualized Gross Profit for the quarter that ended in Sep. 2023 was $3,177 Mil. Wipro's average Total Assets over the quarter that ended in Sep. 2023 was $13,839 Mil. Therefore, Wipro's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 22.95%.


Wipro Gross-Profit-to-Asset % Historical Data

The historical data trend for Wipro's Gross-Profit-to-Asset % 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.

* Premium members only.

Wipro Gross-Profit-to-Asset % Chart

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.00 20.36 24.08 24.12 22.16

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.65 23.61 23.67 22.58 22.95

Competitive Comparison of Wipro's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Wipro's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wipro's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Wipro's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Wipro's Gross-Profit-to-Asset % falls into.



Wipro Gross-Profit-to-Asset % Calculation

Wipro's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=3153.532/( (14164.427+14292.841)/ 2 )
=3153.532/14228.634
=22.16 %

Wipro's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=3176.5/( (14601.546+13077.284)/ 2 )
=3176.5/13839.415
=22.95 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Wipro Gross-Profit-to-Asset % Related Terms

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Wipro (WIT) Business Description

Industry
Address
Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.