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Zoompass Holdings (Zoompass Holdings) Days Payable : 581.46 (As of Dec. 2020)


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What is Zoompass Holdings Days Payable?

Zoompass Holdings's average Accounts Payable for the three months ended in Dec. 2020 was $1.70 Mil. Zoompass Holdings's Cost of Goods Sold for the three months ended in Dec. 2020 was $0.27 Mil. Hence, Zoompass Holdings's Days Payable for the three months ended in Dec. 2020 was 581.46.

The historical rank and industry rank for Zoompass Holdings's Days Payable or its related term are showing as below:

ZPAS's Days Payable is not ranked *
in the Software industry.
Industry Median: 49.81
* Ranked among companies with meaningful Days Payable only.

Zoompass Holdings's Days Payable increased from Dec. 2019 (0.00) to Dec. 2020 (581.46). It may suggest that Zoompass Holdings delayed paying its suppliers.

Zoompass Holdings Days Payable Historical Data

The historical data trend for Zoompass Holdings's Days Payable 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.

* Premium members only.

Zoompass Holdings Days Payable Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial - - - - 700.91

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1,135.02 343.65 581.46

Competitive Comparison of Zoompass Holdings's Days Payable

For the Software - Infrastructure subindustry, Zoompass Holdings's Days Payable, along with its competitors' market caps and Days Payable 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.

Zoompass Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Zoompass Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Zoompass Holdings's Days Payable falls into.


Zoompass Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Zoompass Holdings's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.71 + 1.844) / 2 ) / 0.665*365
=1.277 / 0.665*365
=700.91

Zoompass Holdings's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (1.546 + 1.844) / 2 ) / 0.266*365 / 4
=1.695 / 0.266*365 / 4
=581.46

* 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.

Zoompass Holdings Days Payable Related Terms

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Zoompass Holdings (Zoompass Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Zoompass Holdings Inc (OTCPK:ZPAS) » Definitions » Days Payable
Comparable Companies
GVP BSQR FALC CLCI BVSN CPAH OMQS PBTS KLDA UGHL CRM XTER:SAP TSX:SHOP INTU NOW UBER TEAM ADSK XPAR:DSY WDAY
Traded in Other Exchanges
N/A
Address
2455 Cawthra Road, Suite 75, Mississauga, ON, CAN, L5A3P1
Website
https://zoompass.com
Zoompass Holdings Inc is a Fintech company that develops and acquires software platforms and services. The firm offers Prepaid cards, Mobility solutions, cryptocurrency platform operations, research, development, strategical planning solutions and others. The business operating segment includes the rendering of professional services. Main Business assets consist of technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts. Substantial revenue accrues from time basis billing for IT professional services to customers.