GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (NYSE:CHA) » Definitions » Days Sales Outstanding

China Telecom (China Telecom) Days Sales Outstanding : 28.62 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is China Telecom Days Sales Outstanding?

China Telecom's average Accounts Receivable for the three months ended in Dec. 2023 was $5,819 Mil. China Telecom's Revenue for the three months ended in Dec. 2023 was $18,550 Mil. Hence, China Telecom's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.62.

The historical rank and industry rank for China Telecom's Days Sales Outstanding or its related term are showing as below:

CHA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.94   Med: 20.83   Max: 36.67
Current: 36.67

During the past 13 years, China Telecom's highest Days Sales Outstanding was 36.67. The lowest was 17.94. And the median was 20.83.

CHA's Days Sales Outstanding is ranked better than
72.44% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs CHA: 36.67

China Telecom's Days Sales Outstanding declined from Sep. 2022 (30.35) to Dec. 2023 (28.62).


China Telecom Days Sales Outstanding Historical Data

The historical data trend for China Telecom'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.

* Premium members only.

China Telecom Days Sales Outstanding Chart

China Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.57 19.26 17.99 18.51 20.29

China Telecom Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.95 - 37.74 28.62 21.88

Competitive Comparison of China Telecom's Days Sales Outstanding

For the Telecom Services subindustry, China Telecom'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.


China Telecom's Days Sales Outstanding Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where China Telecom's Days Sales Outstanding falls into.



China Telecom 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.

China Telecom'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
=( (3487.241 + 4511.078) / 2 ) / 71923.896*365
=3999.1595 / 71923.896*365
=20.29

China Telecom'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (7126.635 + 4511.078) / 2 ) / 18549.682*365 / 4
=5818.8565 / 18549.682*365 / 4
=28.62

* 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.


China Telecom  (NYSE:CHA) Days Sales Outstanding Explanation

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


China Telecom Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Telecom's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


China Telecom (China Telecom) Business Description

Traded in Other Exchanges
Address
31 Jinrong Street, Xicheng District, Beijing, CHN, 100033
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.

China Telecom (China Telecom) Headlines