ZPAS (Zoompass Holdings) Accounts Payable & Accrued Expense: $1.91 Mil (As of Dec. 2020)

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What is Zoompass Holdings Accounts Payable & Accrued Expense?

Zoompass Holdings ZPAS Accounts Payable & Accrued Expense is $1.91 Mil as of Dec. 2020.

Zoompass Holdings's quarterly accounts payable & accrued expense increased from Jun. 2020 ($1.14 Mil) to Sep. 2020 ($1.68 Mil) and increased from Sep. 2020 ($1.68 Mil) to Dec. 2020 ($1.91 Mil).

Zoompass Holdings's annual accounts payable & accrued expense increased from Dec. 2018 ($0.64 Mil) to Dec. 2019 ($0.81 Mil) and increased from Dec. 2019 ($0.81 Mil) to Dec. 2020 ($1.91 Mil).

Zoompass Holdings Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Zoompass Holdings's Accounts Payable & Accrued Expense 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.

Zoompass Holdings Accounts Payable & Accrued Expense Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.00 0.67 0.64 0.81 1.91

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Accounts Payable & Accrued Expense 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 0.81 0.45 1.14 1.68 1.91

Zoompass Holdings Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of $1.91 Mil mean?
Zoompass Holdings (ZPAS) has a Accounts Payable & Accrued Expense of $1.91 Mil as of Dec. 2020. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Accounts Payable & Accrued Expense too high?
Zoompass Holdings' current Accounts Payable & Accrued Expense is $1.91 Mil.
How does Zoompass Holdings' Accounts Payable & Accrued Expense compare to GVP and BSQR?
Zoompass Holdings' Accounts Payable & Accrued Expense of $1.91 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Software company?
A good Accounts Payable & Accrued Expense depends on the Software industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Zoompass Holdings and its competitors. Zoompass Holdings's current Accounts Payable & Accrued Expense is $1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoompass Holdings stock overvalued right now?
Zoompass Holdings (ZPAS) has a current Accounts Payable & Accrued Expense of $1.91 Mil. The current Accounts Payable & Accrued Expense is $1.91 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Accounts Payable & Accrued Expense is $1.91 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zoompass Holdings Business Description

Address 2455 Cawthra Road, Suite 75, Mississauga, ON, CAN, L5A3P1
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.