Highlights and Quick Summary
- Accounts Payable Change for the quarter ending December 30, 2020 was $1.16 Million (a 50.52% increase compared to previous quarter)
- Year-over-year quarterly Accounts Payable Change increased by 524.12%
- Annual Accounts Payable Change for 2020 was $2.11 Million (a 197.27% increase from previous year)
- Annual Accounts Payable Change for 2019 was $708 Thousand (a -3990.66% decrease from previous year)
- Twelve month Accounts Payable Change ending December 30, 2020 was $2.11 Million (a 8.56% increase compared to previous quarter)
- Twelve month trailing Accounts Payable Change increased by 134.83% year-over-year
Trailing Accounts Payable Change for the last four month:
| 30 Dec '20 | 29 Sep '20 | 29 Jun '20 | 30 Mar '20 |
|---|---|---|---|
| $2.11 Million | $1.94 Million | $840 Thousand | $896 Thousand |
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Historical Accounts Payable Change of Open Lending Corporation
Most recent Accounts Payable Changeof LPRO including historical data for past 10 years.Interactive Chart of Accounts Payable Change of Open Lending Corporation
Open Lending Corporation Accounts Payable Change for the past 10 Years (both Annual and Quarterly)
(All values are in $ million)
| Year | Q1 | Q2 | Q3 | Q4 | Fiscal Year |
|---|---|---|---|---|---|
| 2020 | $1.16 | $0.77 | $-0.01 | $0.19 | $2.11 |
| 2019 | $0.99 | $-0.33 | $0.05 | $-0.0 | $0.71 |
| 2018 | $-0.03 | $0.0 | $-0.02 | $0.03 | $-0.02 |
Business Profile of Open Lending Corporation
Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.