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Credit Group (ASX:CCP) Inventories, Inventories Adjustments : A$0.0 Mil (As of Dec. 2023)


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What is Credit Group Inventories, Inventories Adjustments?

Credit Group's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was A$0.0 Mil.


Credit Group Inventories, Inventories Adjustments Historical Data

The historical data trend for Credit Group's Inventories, Inventories Adjustments 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.

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Credit Group Inventories, Inventories Adjustments Chart

Credit Group Annual Data
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Inventories, Inventories Adjustments
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Credit Group Semi-Annual Data
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Credit Group Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.


Credit Group (ASX:CCP) Business Description

Traded in Other Exchanges
N/A
Address
201 Kent Street, Level 15, Sydney, NSW, AUS, 2000
Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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