China Telecom (SGX:K3ED) Change In Receivables : $-3,042 Mil (TTM As of Mar. 2024)

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What is China Telecom Change In Receivables?

China Telecom's change in receivables for the quarter that ended in Mar. 2024 was $-3,042 Mil. It means China Telecom's Accounts Receivable increased by $3,042 Mil from Dec. 2023 to Mar. 2024 .

China Telecom's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means China Telecom's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

China Telecom's Accounts Receivable for the quarter that ended in Mar. 2024 was $6,988 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 Telecom's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Telecom's liquidation value for the three months ended in Mar. 2024 was $-36,826 Mil.

China Telecom Change In Receivables Historical Data

The historical data trend for China Telecom'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 Telecom Change In Receivables Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-370.28

-291.01

-572.28

-864.50

China Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-3,042.42

China Telecom 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,042 Mil.

China Telecom (SGX:K3ED) 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 Telecom's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6988.406	/	18675.91	*	91
=	34.15

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

China Telecom's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12209.268	-	54594.238	+	0.75 * 6988.406	+	0.5 * 635.116
=	-36,826

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China Telecom (SGX:K3ED) Business Description

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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.

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