Afterpay (Afterpay) Inventories, Inventories Adjustments : $0.0 Mil (As of Jun. 2021)

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What is Afterpay Inventories, Inventories Adjustments?

Afterpay's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2021 was $0.0 Mil.

Afterpay Inventories, Inventories Adjustments Historical Data

The historical data trend for Afterpay's Inventories, Inventories Adjustments 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.

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Afterpay Inventories, Inventories Adjustments Chart

Afterpay Annual Data

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Inventories, Inventories Adjustments

Afterpay Semi-Annual Data
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Afterpay Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Afterpay (Afterpay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Inventories, Inventories Adjustments

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Traded in Other Exchanges

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Address

406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000

Website

https://www.afterpay.com

Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.