zip bad debts are % of receivables & apt bad debt are are % of TTV and equivalent of both are same...unfortunately zip cycles it’s loan book twice a year and apt 6 times are year that apt TTV is way more than zip...zip wrote of 30 million & apt wrote off 90 million bad debt last year...that’s why zip is better BD manager than apt
What a tragic replay of history, page-111
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$1.81 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| $1.82 | 70000 | 2 |
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