China Communications Services (HKSE:00552) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is China Communications Services Change In Receivables?

China Communications Services's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Communications Services's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Communications Services's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-8,027 Mil. It means China Communications Services's Accounts Receivable increased by HK$8,027 Mil from Dec. 2022 to Dec. 2023 .

China Communications Services's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$26,165 Mil.

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 Receivable are being managed. China Communications Services's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Communications Services's liquidation value for the six months ended in Dec. 2023 was HK$-32,814 Mil.

China Communications Services Change In Receivables Historical Data

The historical data trend for China Communications Services's Change In Receivables 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 Communications Services Change In Receivables Chart

China Communications Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2,338.47

-2,222.97

-2,267.33

-6,803.44

-8,026.97

China Communications Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Communications Services Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

China Communications Services (HKSE:00552) Change In Receivables 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 Receivable are being managed.

China Communications Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26164.567	/	82520.283	*	91
=	57.86

2. In Ben Graham's calculation of liquidation value, China Communications Services's accounts receivable are only considered to be worth 75% of book value:

China Communications Services's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	32355.93	-	85448.248	+	0.75 * 26164.567	+	0.5 * 1309.193
=	-32,814

China Communications Services Change In Receivables Related Terms

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China Communications Services (HKSE:00552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Communications Services Corp Ltd (HKSE:00552) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CUCSF:USA CMW:Germany

Address

Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinaccs.com.hk

China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you
Kopernik Global Investors Llc	2102 Investment manager
Citigroup Inc.	2502 Approved lending agent
Hermes Investment Management Ltd	2102 Investment manager

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