China Mobile (China Mobile) Days Payable : 250.43 (As of Mar. 2024)

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What is China Mobile Days Payable?

China Mobile's average Accounts Payable for the three months ended in Mar. 2024 was $45,077 Mil. China Mobile's Cost of Goods Sold for the three months ended in Mar. 2024 was $16,425 Mil. Hence, China Mobile's Days Payable for the three months ended in Mar. 2024 was 250.43.

The historical rank and industry rank for China Mobile's Days Payable or its related term are showing as below:

CHL' s Days Payable Range Over the Past 10 Years
Min: 192.12 Med: 282.78 Max: 653.23
Current: 314.04

During the past 13 years, China Mobile's highest Days Payable was 653.23. The lowest was 192.12. And the median was 282.78.

CHL's Days Payable is ranked better than
87.36% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.07 vs CHL: 314.04

China Mobile's Days Payable increased from Mar. 2023 (142.01) to Mar. 2024 (250.43). It may suggest that China Mobile delayed paying its suppliers.

China Mobile Days Payable Historical Data

The historical data trend for China Mobile's Days Payable 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 Days Payable Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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268.52

214.75

189.57

226.20

273.48

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															142.01	727.87	70.87	-	250.43

Competitive Comparison of China Mobile's Days Payable

For the Telecom Services subindustry, China Mobile's Days Payable, along with its competitors' market caps and Days Payable 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.

China Mobile's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Days Payable distribution charts can be found below:

* The bar in red indicates where China Mobile's Days Payable falls into.

China Mobile Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

China Mobile's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (41032.316	+	45373.519)	/	2 )	/	57659.729	*	365
=	43202.9175					/	57659.729	*	365
=	273.48

China Mobile's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (45373.519	+	44780.532)	/	2 )	/	16425.189	*	365 / 4
=	45077.0255					/	16425.189	*	365 / 4
=	250.43

China Mobile Days Payable Related Terms

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China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 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.