HKT Trust and HKT (HKSE:06823) Days Sales Outstanding : 25.37 (As of Dec. 2023)

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What is HKT Trust and HKT Days Sales Outstanding?

HKT Trust and HKT's average Accounts Receivable for the six months ended in Dec. 2023 was HK$2,493 Mil. HKT Trust and HKT's Revenue for the six months ended in Dec. 2023 was HK$17,930 Mil. Hence, HKT Trust and HKT's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.37.

The historical rank and industry rank for HKT Trust and HKT's Days Sales Outstanding or its related term are showing as below:

HKSE:06823' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.2 Med: 38.45 Max: 43.53
Current: 29.2

During the past 13 years, HKT Trust and HKT's highest Days Sales Outstanding was 43.53. The lowest was 29.20. And the median was 38.45.

HKSE:06823's Days Sales Outstanding is ranked better than
77.25% of 378 companies
in the Telecommunication Services industry
Industry Median: 56.94 vs HKSE:06823: 29.20

HKT Trust and HKT's Days Sales Outstanding declined from Dec. 2022 (35.18) to Dec. 2023 (25.37).

HKT Trust and HKT Days Sales Outstanding Historical Data

The historical data trend for HKT Trust and HKT's Days Sales Outstanding 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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HKT Trust and HKT Days Sales Outstanding Chart

HKT Trust and HKT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.39

38.61

38.72

38.54

32.39

HKT Trust and HKT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															34.52	43.08	35.18	30.05	25.37

Competitive Comparison of HKT Trust and HKT's Days Sales Outstanding

For the Telecom Services subindustry, HKT Trust and HKT's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

HKT Trust and HKT's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HKT Trust and HKT's Days Sales Outstanding falls into.

HKT Trust and HKT Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

HKT Trust and HKT's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3254	+	2838)	/	2 )	/	34330	*	365
=	3046					/	34330	*	365
=	32.39

HKT Trust and HKT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2147	+	2838)	/	2 )	/	17930	*	365 / 2
=	2492.5					/	17930	*	365 / 2
=	25.37

HKT Trust and HKT (HKSE:06823) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

HKT Trust and HKT Days Sales Outstanding Related Terms

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HKT Trust and HKT (HKSE:06823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKT Trust and HKT Ltd (HKSE:06823) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HKTTY:USA HKTTF:USA 4HK:Germany

Address

979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG

Website

https://www.hkt.com

HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.

HKT Trust and HKT (HKSE:06823) Headlines

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