ZPAS (Zoompass Holdings) Change In Receivables: $0.00 Mil (TTM As of Dec. 2020)


What is Zoompass Holdings Change In Receivables?

Zoompass Holdings ZPAS Change In Receivables is $0.00 Mil as of Dec. 2020.

Zoompass Holdings's change in receivables for the quarter that ended in Dec. 2020 was $0.00 Mil. It means Zoompass Holdings's Accounts Receivable stayed the same from Sep. 2020 to Dec. 2020 .

Zoompass Holdings's change in receivables for the fiscal year that ended in Dec. 2020 was $-0.38 Mil. It means Zoompass Holdings's Accounts Receivable increased by $0.38 Mil from Dec. 2019 to Dec. 2020 .

Zoompass Holdings's Accounts Receivable for the quarter that ended in Dec. 2020 was $0.47 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Zoompass Holdings's Days Sales Outstanding for the three months ended in Dec. 2020 was 373.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zoompass Holdings's liquidation value for the three months ended in Dec. 2020 was $-3.00 Mil.

Zoompass Holdings  (OTCPK:ZPAS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.467/0.114*91
=373.80

2. In Ben Graham's calculation of liquidation value, Zoompass Holdings's accounts receivable are only considered to be worth 75% of book value:

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.064-3.411+0.75 * 0.467+0.5 * 0
=-3.00

* 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 Change In Receivables Related Terms

Zoompass Holdings Change In Receivables Historical Data

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The historical data trend for Zoompass Holdings's Change In Receivables 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 Change In Receivables Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial 0.00 -0.38 0.00 0.00 -0.38

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Change In Receivables 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 0.00 0.00 0.00 0.00 0.00

Zoompass Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
Zoompass Holdings (ZPAS) has a Change In Receivables of $0.00 Mil as of Dec. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Zoompass Holdings and its competitors.
Is Zoompass Holdings' Change In Receivables too high?
Zoompass Holdings' current Change In Receivables is $0.00 Mil.
How does Zoompass Holdings' Change In Receivables compare to GVP and BSQR?
Zoompass Holdings' Change In Receivables of $0.00 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 Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Zoompass Holdings and its competitors. Zoompass Holdings's current Change In Receivables is $0.00 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 Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Change In Receivables is $0.00 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.