ZIP 3.48% $2.22 zip co limited..

Ann: Quarterly Update, page-271

  1. 10,352 Posts.
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    Mate 2.9 percent of TTV
    Zip bad is 2.25 percent of Receivables (circa $ 1.1 billion)
    If Zips bad debts is calculated as a percentage of TTV of $2.3 billion then it comes down to just .9 percent of TTV

    zip is creating confusion in the intrepatation of bad debts
 
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