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PIXY (ShiftPixy) Degree of Operating Leverage : 0.00 (As of May. 2024)


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What is ShiftPixy Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. ShiftPixy's Degree of Operating Leverage for the quarter that ended in May. 2024 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for ShiftPixy's Degree of Operating Leverage or its related term are showing as below:

PIXY's Degree of Operating Leverage is not ranked *
in the Business Services industry.
Industry Median: 0.985
* Ranked among companies with meaningful Degree of Operating Leverage only.

ShiftPixy Degree of Operating Leverage Historical Data

The historical data trend for ShiftPixy's Degree of Operating Leverage 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.

ShiftPixy Degree of Operating Leverage Chart

ShiftPixy Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only 0.12 -8.97 -0.40 0.82 0.40

ShiftPixy Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Degree of Operating Leverage 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 0.76 0.40 0.11 -0.11 -0.75

Competitive Comparison of ShiftPixy's Degree of Operating Leverage

For the Staffing & Employment Services subindustry, ShiftPixy's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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.


ShiftPixy's Degree of Operating Leverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ShiftPixy's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where ShiftPixy's Degree of Operating Leverage falls into.


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ShiftPixy Degree of Operating Leverage Calculation

ShiftPixy's Degree of Operating Leverage for the quarter that ended in May. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -30.928 (May. 2024) / -25.573 (May. 2023) - 1 )/( 15.017 (May. 2024) / 20.814 (May. 2023) - 1 )
=0.2094/-0.2785
=-0.75***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


ShiftPixy  (NAS:PIXY) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


ShiftPixy Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of ShiftPixy's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


ShiftPixy Business Description

Traded in Other Exchanges
N/A
Address
4101 NW 25th Street, Miami, FL, USA, 33131
ShiftPixy Inc provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and connect with a ready-for-hire workforce. ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing economy. Geographically it operates in California and Washington and drives key revenue from Californian religion. Its primary operating business metric is gross billings, consisting of the clients' fully burdened payroll costs.
Executives
Douglas Beck officer: Chief Financial Officer C/O IBIO, INC., 9 INNOVATION WAY, SUITE 100, NEWARK DE 19711
Kenneth Weir Weaver director 901 RIVERSIDE DRIVE, OLD HICKORY TN 37138
Manuel Rivera officer: Treasurer and Acting CFO C/O SHIFTPIXY, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
Robert S. Gans officer: Secretary & Corporate Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher director, 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Amanda Murphy director C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Christopher Sebes director 1 VENTURE, SUITE 150, IRVINE CA 92618
John Stephen Holmes 10 percent owner 1 VENTURE, SUITE 150, IRVINE CA 92618
Kirk M Flagg officer: Chief Compliance Officer 1 VENTURE, SUITE 150, IRVINE CA 92618
Whitney James White director 1991 BROADWAY, APT 26/27C, NEW YORK NY 10023
Sean Christopher Higgins director 42 OAKRIDGE CRES, GUELPH A6 N1L 1J3
Mark A Absher director 18101 VON KARMAN AVE, STE 330, IRVINE CA 96212
Stephen Paul Desantis officer: CFO 1 SCARLET MAPLE DRIVE, LADERA RANCH CA 92694