ZPAS (Zoompass Holdings) Days Payable: 581.46 (As of Dec. 2020)


What is Zoompass Holdings Days Payable?

Zoompass Holdings ZPAS Days Payable is 581.46 as of Dec. 2020.

Zoompass Holdings's average Accounts Payable for the three months ended in Dec. 2020 was $1.70 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 Payable for the three months ended in Dec. 2020 was 581.46.

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

ZPAS's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

Zoompass Holdings's Days Payable increased from Dec. 2019 (0.00) to Dec. 2020 (581.46). It may suggest that Zoompass Holdings delayed paying its suppliers.

Zoompass Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings'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.

Zoompass Holdings Days Payable Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 700.91

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.00 0.00 1,135.02 343.65 581.46

ZPAS vs GVP, BSQR, FALC: Days Payable Comparison

For the Software - Infrastructure subindustry, Zoompass Holdings'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.

Zoompass Holdings Days Payable vs Software Industry

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

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


Zoompass Holdings 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.

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

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.71 + 1.844) / 2 ) / 0.665*365
=1.277 / 0.665*365
=700.91

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

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (1.546 + 1.844) / 2 ) / 0.266*365 / 4
=1.695 / 0.266*365 / 4
=581.46

* 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 Payable →
What does a Days Payable of 581.46 mean?
Zoompass Holdings (ZPAS) has a Days Payable of 581.46 as of Dec. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Days Payable too high?
Zoompass Holdings' current Days Payable is 581.46. The Software industry median Days Payable is 53.83. Zoompass Holdings' value of 581.46 is 980.3% above this industry median.
How does Zoompass Holdings' Days Payable compare to GVP and BSQR?
Zoompass Holdings' Days Payable of 581.46 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. Zoompass Holdings' value of 581.46 is 980.3% above 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 Payable for a Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoompass Holdings's current Days Payable of 581.46 is 980.3% above 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zoompass Holdings and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoompass Holdings's current Days Payable is 581.46. 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 Payable of 581.46. The current Days Payable is 581.46 and 980.3% above the Software industry median of 53.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Days Payable is 581.46 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.