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Citic Telecom International Holdings (HKSE:01883) Accounts Receivable : HK$984 Mil (As of Jun. 2024)


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What is Citic Telecom International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Citic Telecom International Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$984 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Citic Telecom International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 36.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Citic Telecom International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-1.15.


Citic Telecom International Holdings Accounts Receivable Historical Data

The historical data trend for Citic Telecom International Holdings's Accounts Receivable 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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Citic Telecom International Holdings Accounts Receivable Chart

Citic Telecom International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,338.00 1,104.00 1,248.00 1,293.00 1,344.00

Citic Telecom International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable 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 1,494.00 1,293.00 1,297.00 1,344.00 984.00

Citic Telecom International Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Citic Telecom International Holdings Accounts Receivable 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 receivables are being managed.

Citic Telecom International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=984/4889*91
=36.73

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Citic Telecom International Holdings's accounts receivable are only considered to be worth 75% of book value:

Citic Telecom International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1561+0.75 * 984+0.5 * 48-6470
-0-115)/3700.89
=-1.15

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Citic Telecom International Holdings Accounts Receivable Related Terms

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Citic Telecom International Holdings Business Description

Traded in Other Exchanges
Address
93 Kwai Fuk Road, 25th Floor, CITIC Telecom Tower, Kwai Chung, New Territories, Hong Kong, HKG
Citic Telecom International Holdings Ltd is a telecommunications company. It derives revenue from cellphone services, Internet services, international telecommunications services, enterprise solutions and fixed-line services, and sale of equipment and mobile handsets. Enterprise services involves providing information and communication technologies to companies. This division is the largest contributor to overall company revenue. The company has operations in Hong Kong and Macau; the company earns the majority of revenue within Macau. CITIC Telecom is an owner of telecommunications infrastructure.
Executives
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you

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