Wix.com (FRA:W1X) Gross-Profit-to-Asset % : 61.93% (As of Dec. 2023)

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What is Wix.com 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. Wix.com's annualized Gross Profit for the quarter that ended in Dec. 2023 was €1,018 Mil. Wix.com's average Total Assets over the quarter that ended in Dec. 2023 was €1,645 Mil. Therefore, Wix.com's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 61.93%.

Wix.com Gross-Profit-to-Asset % Historical Data

The historical data trend for Wix.com'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.

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Wix.com Gross-Profit-to-Asset % Chart

Wix.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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58.49

43.35

40.91

46.70

58.06

Wix.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															46.83	54.66	59.92	62.40	61.93

Competitive Comparison of Wix.com's Gross-Profit-to-Asset %

For the Software - Infrastructure subindustry, Wix.com'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.

Wix.com's Gross-Profit-to-Asset % Distribution in the Software Industry

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

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

Wix.com Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	962.059	/	( (1659.898	+	1654.393)	/ 2 )
	=	962.059	/	1657.1455
	=	58.06 %

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

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1018.448	/	( (1634.755	+	1654.393)	/ 2 )
	=	1018.448	/	1644.574
	=	61.93 %

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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Wix.com Gross-Profit-to-Asset % Related Terms

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Wix.com (FRA:W1X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wix.com Ltd (FRA:W1X) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

WIX:USA WIX:Mexico W1X:Germany W1IX34:Brazil

Address

5 Yunitsman St., Tel Aviv, ISR, 6936025

Website

https://www.wix.com

Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.

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