China Tower (HKSE:00788) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is China Tower Change In Receivables?

China Tower's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Tower's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

China Tower's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-33,134 Mil. It means China Tower's Accounts Receivable increased by HK$33,134 Mil from Dec. 2022 to Dec. 2023 .

China Tower's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$70,917 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 Tower's Days Sales Outstanding for the three months ended in Dec. 2023 was 247.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Tower's liquidation value for the three months ended in Dec. 2023 was HK$-82,832 Mil.

China Tower Change In Receivables Historical Data

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

China Tower Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7,900.53

-5,215.90

-4,329.72

-9,007.42

-33,133.84

China Tower Quarterly Data
	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Tower 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

China Tower (HKSE:00788) 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 Tower's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	70917.342	/	26095.377	*	91
=	247.98

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

China Tower's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4325.895	-	140346.05	+	0.75 * 70917.342	+	0.5 * 0
=	-82,832

China Tower Change In Receivables Related Terms

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China Tower (HKSE:00788) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (HKSE:00788) » Definitions » Change In Receivables

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Address

Yard No. 9, Dongran North Street, China Tower Industrial Park, Haidian District, Room 101, LG1 to 3rd Floor, Building 14, North District, Beijing, CHN

Website

https://www.china-tower.com

China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.

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