ZPAS (Zoompass Holdings) Days Inventory: 2.06 (As of Dec. 2020)

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What is Zoompass Holdings Days Inventory?

Zoompass Holdings ZPAS +600.00% Days Inventory is 2.06 as of Dec. 2020.

Days Inventory is also known as Days Sales of Inventory (DSI). Zoompass Holdings's Average Total Inventories for the three months ended in Dec. 2020 was $0.01 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 Inventory for the three months ended in Dec. 2020 was 2.06.

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

ZPAS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.41
* Ranked among companies with meaningful Days Inventory only.

Zoompass Holdings's Days Inventory increased from Dec. 2019 (0.00) to Dec. 2020 (2.06). It might indicate that Zoompass Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zoompass Holdings's Inventory Turnover for the three months ended in Dec. 2020 was 44.33.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Zoompass Holdings's Inventory-to-Revenue for the three months ended in Dec. 2020 was 0.05.


Zoompass Holdings  (OTCPK:ZPAS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Zoompass Holdings's Inventory Turnover for the three months ended in Dec. 2020 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Zoompass Holdings's Inventory to Revenue for the three months ended in Dec. 2020 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Zoompass Holdings Days Inventory Related Terms


Zoompass Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings's Days Inventory 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 Days Inventory Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

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 Inventory 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 9.61 1.60 2.06

ZPAS vs GVP, BSQR, FALC: Days Inventory Comparison

For the Software - Infrastructure subindustry, Zoompass Holdings's Days Inventory, along with its competitors' market caps and Days Inventory 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 Days Inventory vs Software Industry

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

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



Zoompass Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0.665*365
=0 / 0.665*365
=0.00

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

Days Inventory (Q: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (0.006 + 0) / 1 ) / 0.266*365 / 4
=0.006 / 0.266*365 / 4
=2.06

* 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 Days Inventory →
What does a Days Inventory of 2.06 mean?
Zoompass Holdings (ZPAS) has a Days Inventory of 2.06 as of Dec. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Days Inventory too high?
Zoompass Holdings' current Days Inventory is 2.06. The Software industry median Days Inventory is 20.41. Zoompass Holdings' value of 2.06 is 89.9% below this industry median.
How does Zoompass Holdings' Days Inventory compare to GVP and BSQR?
Zoompass Holdings' Days Inventory of 2.06 can be compared against companies in the Software industry. The industry median Days Inventory is 20.41. Zoompass Holdings' value of 2.06 is 89.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.41, based on 1,657 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoompass Holdings's current Days Inventory of 2.06 is 89.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zoompass Holdings and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoompass Holdings's current Days Inventory is 2.06. 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 Days Inventory of 2.06. The current Days Inventory is 2.06 and 89.9% below the Software industry median of 20.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Days Inventory is 2.06 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.