ZPAS (Zoompass Holdings) Total Inventories: $0.00 Mil (As of Dec. 2020)


What is Zoompass Holdings Total Inventories?

Zoompass Holdings ZPAS Total Inventories is $0.00 Mil as of Dec. 2020.

Zoompass Holdings's total inventories for the quarter that ended in Dec. 2020 was $0.00 Mil. Zoompass Holdings's average total inventories from the quarter that ended in Sep. 2020 to the quarter that ended in Dec. 2020 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zoompass Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-0.03.

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 three months ended in Dec. 2020 was 1.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zoompass Holdings's Inventory Turnover for the quarter that ended in Dec. 2020 was 88.67.

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 quarter that ended in Dec. 2020 was 0.03.

Zoompass Holdings  (OTCPK:ZPAS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Zoompass Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

Net-Net Working Capital Per Share (Q: Dec. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.064+0.75 * 0.467+0.5 * 0-3.411
-0-0.001)/104.009
=-0.03

2. 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 three months ended in Dec. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=0.003/0.266*365 / 4
=1.03

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2020 ) / Average Total Inventories (Q: Dec. 2020 )
=0.266 / 0.003
=88.67

4. 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 quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=0.003 / 0.114
=0.03

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Zoompass Holdings Total Inventories Related Terms

Zoompass Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings's Total Inventories 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 Total Inventories Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Total Inventories
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
Total Inventories 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 0.01 0.01 0.00

Zoompass Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Zoompass Holdings (ZPAS) has a Total Inventories of $0.00 Mil as of Dec. 2020. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zoompass Holdings and its competitors.
Is Zoompass Holdings' Total Inventories too high?
Zoompass Holdings' current Total Inventories is $0.00 Mil.
How does Zoompass Holdings' Total Inventories compare to GVP and BSQR?
Zoompass Holdings' Total Inventories of $0.00 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Software company?
A good Total Inventories depends on the Software industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zoompass Holdings and its competitors. Zoompass Holdings's current Total Inventories is $0.00 Mil. 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 Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Total Inventories is $0.00 Mil 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.