Zip Bull Sees Receivables Collections Speeding Up -- Market Talk
Dow Jones
May 12
0151 GMT - Zip's bull at Macquarie sees the pace at which it collects receivables further increasing as the installment-payment provider scales its so-called pay-in-2 product. A note from one of the investment bank's analysts tells clients that the Australian company already collects more than 90% of its gross receivables within six weeks. The note points out that this quick cycling helps support asset quality, with Zip able to adjust settings based on repayment history. Pay-in-2 accounts for less than 5% of Zip's transactions by value, they add. Macquarie keeps an outperform rating and A$3.40 target price on the stock, which is down 5.2% at A$2.465. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 21:51 ET (01:51 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.