China Mobile (FRA:CTM) Change In Receivables : €-4,818 Mil (TTM As of Mar. 2024)

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What is China Mobile Change In Receivables?

China Mobile's change in receivables for the quarter that ended in Mar. 2024 was €-4,818 Mil. It means China Mobile's Accounts Receivable increased by €4,818 Mil from Dec. 2023 to Mar. 2024 .

China Mobile's change in receivables for the fiscal year that ended in Dec. 2023 was €-3,568 Mil. It means China Mobile's Accounts Receivable increased by €3,568 Mil from Dec. 2022 to Dec. 2023 .

China Mobile's Accounts Receivable for the quarter that ended in Mar. 2024 was €11,123 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 Mobile's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Mobile's liquidation value for the three months ended in Mar. 2024 was €-26,306 Mil.

China Mobile Change In Receivables Historical Data

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

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,820.74

-1,284.04

-709.33

-2,978.49

-3,568.24

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															-	-	-	-	-4,817.62

China Mobile 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 €-4,818 Mil.

China Mobile (FRA:CTM) 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 Mobile's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11123.294	/	33688.876	*	91
=	30.13

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

China Mobile'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)
=	48050.534	-	83520.006	+	0.75 * 11123.294	+	0.5 * 1641.219
=	-26,306

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China Mobile (FRA:CTM) Business Description

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941:Mexico 00941:Hong Kong 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.