ZPAS (Zoompass Holdings) Days Sales Outstanding: 447.85 (As of Dec. 2020)

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What is Zoompass Holdings Days Sales Outstanding?

Zoompass Holdings ZPAS Days Sales Outstanding is 447.85 as of Dec. 2020.

Zoompass Holdings's average Accounts Receivable for the three months ended in Dec. 2020 was $0.56 Mil. Zoompass Holdings's Revenue for the three months ended in Dec. 2020 was $0.11 Mil. Hence, Zoompass Holdings's Days Sales Outstanding for the three months ended in Dec. 2020 was 447.85.

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

ZPAS's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 63.63
* Ranked among companies with meaningful Days Sales Outstanding only.

Zoompass Holdings's Days Sales Outstanding increased from Dec. 2019 (0.00) to Dec. 2020 (447.85).

Zoompass Holdings  (OTCPK:ZPAS) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Zoompass Holdings Days Sales Outstanding Related Terms

Zoompass Holdings Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings's Days Sales Outstanding 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 Sales Outstanding Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 195.48

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 Sales Outstanding 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 0.00 197.18 57.12 447.85

ZPAS vs GVP, BSQR, FALC: Days Sales Outstanding Comparison

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

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

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


Zoompass Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (0 + 0.467) / 1 ) / 0.872*365
=0.467 / 0.872*365
=195.48

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

Days Sales Outstanding (Q: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2020 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (0.652 + 0.467) / 2 ) / 0.114*365 / 4
=0.5595 / 0.114*365 / 4
=447.85

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 447.85 mean?
Zoompass Holdings (ZPAS) has a Days Sales Outstanding of 447.85 as of Dec. 2020. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Days Sales Outstanding too high?
Zoompass Holdings' current Days Sales Outstanding is 447.85. The Software industry median Days Sales Outstanding is 63.63. Zoompass Holdings' value of 447.85 is 603.8% above this industry median.
How does Zoompass Holdings' Days Sales Outstanding compare to GVP and BSQR?
Zoompass Holdings' Days Sales Outstanding of 447.85 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 63.63. Zoompass Holdings' value of 447.85 is 603.8% 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 Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 63.63, based on 2,765 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoompass Holdings's current Days Sales Outstanding of 447.85 is 603.8% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Zoompass Holdings and its competitors. For the Software industry, the median Days Sales Outstanding is 63.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoompass Holdings's current Days Sales Outstanding is 447.85. 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 Sales Outstanding of 447.85. The current Days Sales Outstanding is 447.85 and 603.8% above the Software industry median of 63.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Days Sales Outstanding is 447.85 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.