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Afterpay (Afterpay) Gross-Profit-to-Asset % : 28.18% (As of Jun. 2021)


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What is Afterpay 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. Afterpay's annualized Gross Profit for the quarter that ended in Jun. 2021 was $562.4 Mil. Afterpay's average Total Assets over the quarter that ended in Jun. 2021 was $1,995.6 Mil. Therefore, Afterpay's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2021 was 28.18%.


Afterpay Gross-Profit-to-Asset % Historical Data

The historical data trend for Afterpay'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.

Afterpay Gross-Profit-to-Asset % Chart

Afterpay Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21
Gross-Profit-to-Asset %
9.89 35.96 32.89 31.62 29.54

Afterpay Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only 33.15 30.09 29.63 33.99 28.18

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

For the Software - Infrastructure subindustry, Afterpay'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.


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

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

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



Afterpay Gross-Profit-to-Asset % Calculation

Afterpay's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2021 )/( (Total Assets (A: Jun. 2020 )+Total Assets (A: Jun. 2021 ))/ count )
=515.823/( (1110.094+2382.437)/ 2 )
=515.823/1746.2655
=29.54 %

Afterpay's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Jun. 2021 ))/ count )
=562.446/( (1608.856+2382.437)/ 2 )
=562.446/1995.6465
=28.18 %

* 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 two times the semi-annual (Jun. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Afterpay Gross-Profit-to-Asset % Related Terms

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Afterpay (Afterpay) Business Description

Traded in Other Exchanges
N/A
Address
406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.