The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Zoompass Holdings's Revenue for the
three
months ended in Dec. 2020 was $0.11 Mil. Zoompass Holdings's average Accounts Receivable for the
three
months ended in Dec. 2020 was $0.56 Mil.
Hence, Zoompass Holdings's Receivables Turnover for the
three
months ended in Dec. 2020 was 0.20.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Zoompass Holdings Receivables Turnover Related Terms
Zoompass Holdings Receivables Turnover Historical Data
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The historical data trend for Zoompass Holdings's Receivables Turnover 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.
ZPAS vs GVP, BSQR, FALC: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, Zoompass Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Zoompass Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zoompass Holdings's Receivables Turnover falls into.
* 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 (ZPAS) has a Receivables Turnover of 0.20 as of Dec. 2020. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Receivables Turnover too high?
Zoompass Holdings' current Receivables Turnover is 0.20. The Software industry median Receivables Turnover is 5.66. Zoompass Holdings' value of 0.20 is 96.5% below this industry median.
How does Zoompass Holdings' Receivables Turnover compare to GVP and BSQR?
Zoompass Holdings' Receivables Turnover of 0.20 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.66. Zoompass Holdings' value of 0.20 is 96.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.66, based on 2,771 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoompass Holdings's current Receivables Turnover of 0.20 is 96.5% below 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Zoompass Holdings and its competitors. For the Software industry, the median Receivables Turnover is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoompass Holdings's current Receivables Turnover is 0.20. 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 Receivables Turnover of 0.20. The current Receivables Turnover is 0.20 and 96.5% below the Software industry median of 5.66. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Zoompass Holdings (ZPAS), the current Receivables Turnover is 0.20 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 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.
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