i-CABLE Communications (i-CABLE Communications) Days Sales Outstanding : 45.19 (As of Dec. 2023)

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What is i-CABLE Communications Days Sales Outstanding?

i-CABLE Communications's average Accounts Receivable for the six months ended in Dec. 2023 was $10.60 Mil. i-CABLE Communications's Revenue for the six months ended in Dec. 2023 was $42.83 Mil. Hence, i-CABLE Communications's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.19.

The historical rank and industry rank for i-CABLE Communications's Days Sales Outstanding or its related term are showing as below:

ICABF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.81 Med: 19.96 Max: 57.08
Current: 50.72

During the past 13 years, i-CABLE Communications's highest Days Sales Outstanding was 57.08. The lowest was 13.81. And the median was 19.96.

ICABF's Days Sales Outstanding is ranked better than
66.47% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.205 vs ICABF: 50.72

i-CABLE Communications's Days Sales Outstanding declined from Dec. 2022 (49.48) to Dec. 2023 (45.19).

i-CABLE Communications Days Sales Outstanding Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Days Sales Outstanding Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.29

27.35

29.38

53.43

57.16

i-CABLE Communications 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															29.01	56.66	49.48	50.65	45.19

Competitive Comparison of i-CABLE Communications's Days Sales Outstanding

For the Entertainment subindustry, i-CABLE Communications'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.

i-CABLE Communications's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Days Sales Outstanding falls into.

i-CABLE Communications 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.

i-CABLE Communications'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
=	( (10.715	+	13.261)	/	2 )	/	76.557	*	365
=	11.988					/	76.557	*	365
=	57.16

i-CABLE Communications'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
=	( (7.948	+	13.261)	/	2 )	/	42.831	*	365 / 2
=	10.6045					/	42.831	*	365 / 2
=	45.19

i-CABLE Communications (OTCPK:ICABF) Days Sales Outstanding Explanation

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

i-CABLE Communications Days Sales Outstanding Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (OTCPK:ICABF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ICABY:USA 01097:Hong Kong IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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