Upwork (BSP:U2PW34) Gross-Profit-to-Asset % : 55.04% (As of Dec. 2023)

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What is Upwork 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. Upwork's annualized Gross Profit for the quarter that ended in Dec. 2023 was R$2,706 Mil. Upwork's average Total Assets over the quarter that ended in Dec. 2023 was R$4,916 Mil. Therefore, Upwork's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 55.04%.

Upwork Gross-Profit-to-Asset % Historical Data

The historical data trend for Upwork'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.

Upwork Gross-Profit-to-Asset % Chart

Upwork Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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52.01

60.85

47.01

40.78

47.28

Upwork 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															44.57	48.03	53.34	56.49	55.04

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

For the Internet Content & Information subindustry, Upwork'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.

Upwork's Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Upwork's Gross-Profit-to-Asset % distribution charts can be found below:

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

Upwork Gross-Profit-to-Asset % Calculation

Upwork'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 )
	=	2541.458	/	( (5666.317	+	5083.743)	/ 2 )
	=	2541.458	/	5375.03
	=	47.28 %

Upwork'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 )
	=	2705.984	/	( (4748.254	+	5083.743)	/ 2 )
	=	2705.984	/	4915.9985
	=	55.04 %

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.

Upwork Gross-Profit-to-Asset % Related Terms

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Upwork (BSP:U2PW34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upwork Inc (BSP:U2PW34) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

UPWK:USA UPWK:Mexico UP2:Germany

Address

475 Brannan Street, Suite 430, San Francisco, CA, USA, 94107

Website

https://www.upwork.com

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to Clients.

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