Wix.com (WIX) Asset Utilization Ratio (2014 - 2023)

Wix.com's (WIX) quarterly Asset Utilization Ratio came in at 0.84 in Q2 2023, up 17.54% quarter-over-quarter from 0.72 in Q1 2023.

Wix.com (WIX) Asset Utilization Ratio (2014 - 2023) Analysis & Trends

Wix.com has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.84 for Q2 2023.

  • Asset Utilization Ratio for Q2 2023 came in at 0.84, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was 0.84 (changed N/A YoY), and the FY2025 annual result was 0.88, down 6.99% from the prior year.
  • Asset Utilization Ratio came in at 0.84 for Q2 2023 at Wix.com, up from 0.72 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.84 in Q2 2023 to a low of 0.47 in Q3 2022.
  • The 3-year median for Asset Utilization Ratio is 0.71 (2019), against an average of 0.68.
  • Peak annual rise in Asset Utilization Ratio reached 1.5% in 2019, while the deepest fall reached 47.92% in 2019.
  • Wix.com's Asset Utilization Ratio stood at 0.71 in 2019, then dropped by 16.92% to 0.59 in 2022, then surged by 42.91% to 0.84 in 2023.
  • The last three Asset Utilization Ratio figures came in at 0.84 (Q2 2023), 0.72 (Q1 2023), and 0.59 (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 0.47
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 0.00
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 0.28
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 0.55
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 0.41
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 0.46
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 0.70
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 0.17
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 0.38
10 Wix.com 5.70 Bn 4.36 Bn 353.37 Mn -

Historic Data

Download Data
DateValue
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