World Acceptance (MEX:WRLD) Gross-Profit-to-Asset %

: 42.31% (As of Dec. 2022)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. World Acceptance's annualized Gross Profit for the quarter that ended in Dec. 2022 was MXN10,327 Mil. World Acceptance's average Total Assets over the quarter that ended in Dec. 2022 was MXN24,407 Mil. Therefore, World Acceptance's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 42.31%.

World Acceptance Gross-Profit-to-Asset % Historical Data

The historical data trend for World Acceptance'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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World Acceptance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

64.12

64.94

46.80

49.95

45.97

World Acceptance Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Gross-Profit-to-Asset %																49.16	47.14	43.76	42.31	48.87

Competitive Comparison

For the Credit Services subindustry, World Acceptance'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.

Annual Data Quarterly Data

World Acceptance Gross-Profit-to-Asset % Distribution

For the Credit Services industry and Financial Services sector, World Acceptance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where World Acceptance's Gross-Profit-to-Asset % falls in comparison to its industry or sector. The grey bar indicates the Gross-Profit-to-Asset %'s extreme value range as defined by GuruFocus.

World Acceptance Gross-Profit-to-Asset % Calculation

World Acceptance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2022 )	/	( (Total Assets (A: Mar. 2021 )	+	Total Assets (A: Mar. 2022 ))	/ count )
	=	10930.402	/	( (19506.213	+	24257.512)	/ 2 )
	=	10930.402	/	21881.8625
	=	49.95 %

World Acceptance's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	10327.108	/	( (25088.575	+	23726.203)	/ 2 )
	=	10327.108	/	24407.389
	=	42.31 %

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. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

World Acceptance Gross-Profit-to-Asset % Related Terms

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World Acceptance (MEX:WRLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » World Acceptance Corp (MEX:WRLD) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

WRLD:USA WOA:Germany

Address

104 S. Main Street, Greenville, SC, USA, 29601

Website

https://www.loansbyworld.com

World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.