Chunghwa Telecom Co (Chunghwa Telecom Co) Accounts Receivable : $795 Mil (As of Dec. 2023)

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What is Chunghwa Telecom Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chunghwa Telecom Co's accounts receivables for the quarter that ended in Dec. 2023 was $795 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chunghwa Telecom Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 36.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chunghwa Telecom Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.67.

Chunghwa Telecom Co Accounts Receivable Historical Data

The historical data trend for Chunghwa Telecom Co's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chunghwa Telecom Co Accounts Receivable Chart

Chunghwa Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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872.73

802.12

863.01

804.90

794.91

Chunghwa Telecom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															804.90	687.40	713.22	733.85	794.91

Chunghwa Telecom Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Chunghwa Telecom Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Chunghwa Telecom Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	794.906	/	1964.047	*	91
=	36.93

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Chunghwa Telecom Co's accounts receivable are only considered to be worth 75% of book value:

Chunghwa Telecom Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1704.974	+	0.75 * 794.906	+	0.5 * 440.107	-	4192.503
-	0	-	397.805)	/	775.745
=	-2.67

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Chunghwa Telecom Co Accounts Receivable Related Terms

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Chunghwa Telecom Co (Chunghwa Telecom Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chunghwa Telecom Co Ltd (NYSE:CHT) » Definitions » Accounts Receivable

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Traded in Other Exchanges

2412:Taiwan CHWD:Germany

Address

Number 21-3 Hsinyi Road, Section 1, Taipei, TWN, 100

Website

http://www.cht.com.tw

Chunghwa Telecom Co Ltd is Taiwan's largest integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company enjoys a dominant position in all three segments. It has a market share of 35% in mobile, 85% in broadband, and greater than 95% in the fixed-line segment as measured by the number of local fixed-line subscribers. Chunghwa Telecom was privatized in 2005, with the government retaining 36.3% of the firm's ordinary shares.