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Zip Co (FRA:YRRA) Days Payable : 694.88 (As of Dec. 2024)


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What is Zip Co Days Payable?

Zip Co's average Accounts Payable for the six months ended in Dec. 2024 was €172.5 Mil. Zip Co's Cost of Goods Sold for the six months ended in Dec. 2024 was €45.3 Mil. Hence, Zip Co's Days Payable for the six months ended in Dec. 2024 was 694.88.

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

FRA:YRRA' s Days Payable Range Over the Past 10 Years
Min: 49.1   Med: 79.14   Max: 357.8
Current: 357.8

During the past 13 years, Zip Co's highest Days Payable was 357.80. The lowest was 49.10. And the median was 79.14.

FRA:YRRA's Days Payable is ranked better than
86.69% of 293 companies
in the Credit Services industry
Industry Median: 37.01 vs FRA:YRRA: 357.80

Zip Co's Days Payable increased from Dec. 2023 (581.63) to Dec. 2024 (694.88). It may suggest that Zip Co delayed paying its suppliers.


Zip Co Days Payable Historical Data

The historical data trend for Zip Co'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.

Zip Co Days Payable Chart

Zip Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.89 78.53 47.67 65.04 68.00

Zip Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 363.54 117.84 581.63 147.82 694.88

Competitive Comparison of Zip Co's Days Payable

For the Credit Services subindustry, Zip Co'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.


Zip Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zip Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zip Co's Days Payable falls into.


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Zip Co 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.

Zip Co's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (39.466 + 27.956) / 2 ) / 180.947*365
=33.711 / 180.947*365
=68.00

Zip Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (27.956 + 317.015) / 2 ) / 45.301*365 / 2
=172.4855 / 45.301*365 / 2
=694.88

* 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.


Zip Co Days Payable Related Terms

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Zip Co Business Description

Traded in Other Exchanges
Address
126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Zip Co Ltd is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and instalment-based finance (via QuadPay, Spotii, Twisto, and PayFlex); as well as lending to small to midsize enterprises (via Zip Business). Zip's fortunes are largely tied to the buy now, pay later, or BNPL, industry. Majority of its products-Zip Pay, QuadPay (Zip U.S.), and PayFlex-do not charge interest based on outstanding balances. The company provides services in four countries around the world, Australia and New Zealand (ANZ), the United States, and Canada (Americas). The company's segments include ANZ, Americas, and Corporate.

Zip Co Headlines

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