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

Wix.com (WIX) reported 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.

  • For the quarter ending Q2 2023, Asset Utilization Ratio changed N/A year-over-year to 0.84; the trailing twelve-month figure through Jun 2023 stood at 0.84 (changed N/A YoY), and the FY2025 full-year result was 0.88, down 6.99% from the prior year.
  • Asset Utilization Ratio improved to 0.84 in Q2 2023, 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.
  • A 3-year average of 0.68 and a median of 0.71 in 2019 frame the typical range for Asset Utilization Ratio.
  • Peak annual rise in Asset Utilization Ratio reached 1.5% in 2019, while the deepest fall reached 47.92% in 2019.
  • Tracing WIX's Asset Utilization Ratio over 3 years: stood at 0.71 in 2019, then slipped by 16.92% to 0.59 in 2022, then jumped 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 2,930.45 Bn 2,806.01 Bn 56.06 Bn 0.47
2 PagSeguro Digital 2,676.93 Bn 2,676.93 Bn 358.92 Mn 0.27
3 Oracle 337.14 Bn 305.24 Bn - 0.27
4 Repay Holdings 333.62 Bn 333.48 Bn - -
5 Palantir Technologies 296.67 Bn 288.65 Bn 1.42 Bn 0.55
6 Palo Alto Networks 222.55 Bn 218.02 Bn 1.91 Bn 0.41
7 CrowdStrike Holdings 180.65 Bn 177.55 Bn 993.68 Mn 0.46
8 Fortinet 108.09 Bn 104.79 Bn 1.49 Bn 0.70
9 Cloudflare 93.52 Bn 92.58 Bn 455.60 Mn 0.38
10 Wix.com 195.56 Mn -1.15 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