Is 13.24% too high to handle?
Whilst the update on 22 July showed bad debts for
Zip ANZ sitting at 1.82% they avoided showing
Zip GLOBAL bad debts which were at 3.53%
(as per report dated 25 August)
Personally I find highlighting only the lower ANZ % sets up a false sense of where the business is as a whole.
But what is a real shock is when you remove the ANZ receivables and bad debts from the Group totals the bad debt % for Zip (excluding ANZ) becomes 13.24%
Just wondering how others feel about those figures?
Global Figures
Receivables 2,111.6 M
Bad Debts 74.5 M
Bad Debt Percentage 3.53%
ANZ
Receivables 1,795.8 M
Bad Debt ~ 32,683 M
Bad Debt Perchentage 1.82%
Rest of the World (Global excluding ANZ)
Receivables 315.8 M
Bad Debt ~ 41.816 M
Bad Debt Percentage 13.24%
If I have made an error in these calculations please let me know so I can correct.
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Bad debts - why so high?
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B |
Open | High | Low | Value | Volume |
$1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | $1.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.85 | 211147 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5200 | 1.830 |
17 | 303586 | 1.820 |
6 | 48585 | 1.815 |
10 | 224045 | 1.810 |
7 | 453889 | 1.805 |
Price($) | Vol. | No. |
---|---|---|
1.845 | 211147 | 7 |
1.850 | 219122 | 7 |
1.855 | 139323 | 3 |
1.860 | 291913 | 5 |
1.865 | 143562 | 3 |
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