Wipro (WIT) Finished Goods (2017 - 2023)
Wipro (WIT) posted quarterly Finished Goods of $14.1 million for Q1 2023, down 18.89% year-over-year from $17.4 million in Q1 2022, and down 18.89% quarter-over-quarter from $17.4 million in Q1 2022.
Wipro (WIT) Finished Goods (2017 - 2023) Analysis & Trends
Wipro (WIT) has reported Finished Goods for 5 consecutive years, with $14.1 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Finished Goods fell 18.89% year-over-year to $14.1 million; the TTM figure through Mar 2023 stood at $14.1 million (down 18.89% YoY), while the FY2023 annual figure was $14.1 million, down 18.89% from the prior year.
- Finished Goods slipped to $14.1 million in Q1 2023 per WIT's latest filing, from $17.4 million in the prior quarter.
- Across five years, Finished Goods topped out at $46.4 million in Q1 2019 and bottomed at $14.1 million in Q1 2023.
- Historically, Finished Goods has averaged $26.0 million across 3 years, with a median of $17.4 million in 2022.
- Annual changes were most pronounced in 2019 — Finished Goods increased 14.79% — and 2023, when it declined 18.89%.
- Wipro's Finished Goods stood at $46.4 million in 2019, then tumbled by 62.58% to $17.4 million in 2022, then slipped by 18.89% to $14.1 million in 2023.
- Business Quant data shows WIT's Finished Goods at $14.1 million in Q1 2023, $17.4 million in Q1 2022, and $46.4 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 223.51 Bn | 212.15 Bn | 9.91 Bn |
| 2 | Accenture | 114.73 Bn | 104.56 Bn | 6.13 Bn |
| 3 | Infosys | 48.90 Bn | 48.90 Bn | 1.60 Bn |
| 4 | Cgi | 33.25 Bn | 32.79 Bn | - |
| 5 | Cognizant Technology Solutions | 29.30 Bn | 28.25 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.43 Bn | 20.69 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.05 Bn | 20.65 Bn | 853.00 Mn |
| 8 | Wipro | 19.77 Bn | 18.70 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.98 Bn | 17.23 Bn | 817.00 Mn |
| 10 | Cdw | 17.53 Bn | 17.16 Bn | 1.32 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 14.09 Mn |
| Mar 31, 2022 | 17.37 Mn |
| Mar 31, 2019 | 46.41 Mn |
| Mar 31, 2018 | 40.43 Mn |
| Mar 31, 2017 | 46.39 Mn |