China Telecom (China Telecom) Days Payable : 0.00 (As of Dec. 2023)

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What is China Telecom Days Payable?

China Telecom's average Accounts Payable for the three months ended in Dec. 2023 was $19,459 Mil. China Telecom's Cost of Goods Sold for the three months ended in Dec. 2023 was $0 Mil.

The historical rank and industry rank for China Telecom's Days Payable or its related term are showing as below:

CHA' s Days Payable Range Over the Past 10 Years
Min: 226.34 Med: 282.24 Max: 674.13
Current: 674.13

During the past 13 years, China Telecom's highest Days Payable was 674.13. The lowest was 226.34. And the median was 282.24.

CHA's Days Payable is ranked better than
95.11% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs CHA: 674.13

China Telecom's Days Payable declined from Sep. 2022 (400.76) to Dec. 2023 (0.00). It may suggest that China Telecom accelerated paying its suppliers.

China Telecom Days Payable Historical Data

The historical data trend for China Telecom's Days Payable 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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China Telecom Days Payable Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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285.43

252.33

227.00

230.61

314.24

China Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															119.75	-	373.40	-	324.67

Competitive Comparison of China Telecom's Days Payable

For the Telecom Services subindustry, China Telecom's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Telecom's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Telecom's Days Payable distribution charts can be found below:

* The bar in red indicates where China Telecom's Days Payable falls into.

China Telecom Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

China Telecom's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (18253.797	+	20429.68)	/	2 )	/	22465.898	*	365
=	19341.7385					/	22465.898	*	365
=	314.24

China Telecom's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18487.688	+	20429.68)	/	2 )	/	0	*	365 / 4
=	19458.684					/	0	*	365 / 4
=	N/A

China Telecom Days Payable Related Terms

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China Telecom (China Telecom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (NYSE:CHA) » Definitions » Days Payable

Comparable Companies

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00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.