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Afterpay (Afterpay) Land And Improvements : $0.0 Mil (As of Jun. 2021)


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What is Afterpay Land And Improvements?

Afterpay's land and improvements for the quarter that ended in Jun. 2021 was $0.0 Mil.


Afterpay Land And Improvements Historical Data

The historical data trend for Afterpay's Land And Improvements 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 Land And Improvements Chart

Afterpay Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21
Land And Improvements
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Afterpay Semi-Annual Data
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Afterpay Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.


Afterpay (Afterpay) Business Description

Traded in Other Exchanges
N/A
Address
406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
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.