ZIP 2.34% $1.46 zip co limited..

You might wonder if they relaxed credit rules as the 60d fell to...

  1. 11,077 Posts.
    lightbulb Created with Sketch. 679
    You might wonder if they relaxed credit rules as the 60d fell to the 0.9%s in SEP and DEC, but did not noticeably impact the 180d bad debt stats for MAR. They obviously don't want to lose profitable business through being too strict, and will have an optimal balance in mind.

    I also noticed the ave transaction val fell to $106, and has been trending down in Aus, while total $transactions per active cust has improved quite a bit. Might they be attracting younger clients who are making multiple smaller purchases? After weeding out the non payers, that could be a good cohort to sell to for a long customer relationship.

    On the negative I wonder if there is any disadvantage to the multiple smaller transactions. I sort of think higher transactions is sort of habit reinforcing, so I am Mr optimism today.

    Just some thoughts.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.46
Change
-0.035(2.34%)
Mkt cap ! $1.667B
Open High Low Value Volume
$1.50 $1.54 $1.45 $19.96M 13.39M

Buyers (Bids)

No. Vol. Price($)
4 104211 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 50000 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.