Wix.com (WIX) Asset Utilization Ratio (2014 - 2023)
Wix.com (WIX) posted Asset Utilization Ratio of 0.84 for Q2 2023, up 17.54% sequentially from 0.72 in Q1 2023.
Wix.com (WIX) Asset Utilization Ratio (2014 - 2023) Analysis & Trends
Wix.com (WIX) has 8 years of Asset Utilization Ratio data on file, last reported at 0.84 in Q2 2023.
- Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.84 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.84 (changed N/A YoY) and the FY2025 annual result came in at 0.88, down 6.99% from the prior year.
- Asset Utilization Ratio improved to 0.84 in Q2 2023 per WIX's latest filing, from 0.72 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.84 in Q2 2023, with the low at 0.47 in Q3 2022.
- Average Asset Utilization Ratio over 3 years is 0.68, with a median of 0.71 recorded in 2019.
- The widest YoY moves for Asset Utilization Ratio: up 1.5% in 2019, down 47.92% in 2019.
- Wix.com's Asset Utilization Ratio stood at 0.71 in 2019, then retreated by 16.92% to 0.59 in 2022, then surged by 42.91% to 0.84 in 2023.
- Business Quant data shows WIX's Asset Utilization Ratio at 0.84 in Q2 2023, 0.72 in Q1 2023, and 0.59 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.47 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 0.27 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 0.55 |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 0.41 |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.46 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.70 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.38 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.17 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.62 |
| 10 | Wix.com | 5.77 Bn | 4.10 Bn | 353.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.59 |
| Sep 30, 2022 | 0.47 |
| Dec 31, 2019 | 0.71 |
| Sep 30, 2019 | 0.71 |
| Jun 30, 2019 | 0.70 |
| Mar 31, 2019 | 0.71 |
| Dec 31, 2018 | 0.73 |
| Sep 30, 2018 | 0.72 |
| Jun 30, 2018 | 0.94 |
| Mar 31, 2018 | 1.37 |
| Dec 31, 2017 | 1.34 |
| Sep 30, 2017 | 1.33 |
| Jun 30, 2017 | 1.32 |
| Mar 31, 2017 | 1.36 |
| Dec 31, 2016 | 1.43 |
| Sep 30, 2016 | 1.46 |
| Jun 30, 2016 | 1.50 |
| Mar 31, 2016 | 1.46 |