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Xero (XROLF) Gross-Profit-to-Asset % : 53.27% (As of Sep. 2023)


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What is Xero 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. Xero's annualized Gross Profit for the quarter that ended in Sep. 2023 was $835.7 Mil. Xero's average Total Assets over the quarter that ended in Sep. 2023 was $1,568.7 Mil. Therefore, Xero's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 53.27%.


Xero Gross-Profit-to-Asset % Historical Data

The historical data trend for Xero'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.

Xero Gross-Profit-to-Asset % Chart

Xero 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 86.32 64.15 56.35 49.48 55.32

Xero Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 40.53 55.20 43.09 70.08 53.27

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

For the Software - Application subindustry, Xero'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.


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

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

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



Xero Gross-Profit-to-Asset % Calculation

Xero'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 )
=874.756/( (1606.215+1556.042)/ 2 )
=874.756/1581.1285
=55.32 %

Xero'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: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=835.708/( (1556.042+1581.363)/ 2 )
=835.708/1568.7025
=53.27 %

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


Xero Gross-Profit-to-Asset % Related Terms

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Xero (XROLF) Business Description

Industry
Traded in Other Exchanges
Address
19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

Xero (XROLF) Headlines

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