China Mobile (FRA:CTM) Days Sales Outstanding : 24.61 (As of Mar. 2024)

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What is China Mobile Days Sales Outstanding?

China Mobile's average Accounts Receivable for the three months ended in Mar. 2024 was €9,086 Mil. China Mobile's Revenue for the three months ended in Mar. 2024 was €33,689 Mil. Hence, China Mobile's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.61.

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

FRA:CTM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.58 Med: 13.53 Max: 25.1
Current: 25.1

During the past 13 years, China Mobile's highest Days Sales Outstanding was 25.10. The lowest was 8.58. And the median was 13.53.

FRA:CTM's Days Sales Outstanding is ranked better than
83.68% of 380 companies
in the Telecommunication Services industry
Industry Median: 56.655 vs FRA:CTM: 25.10

China Mobile's Days Sales Outstanding increased from Mar. 2023 (20.46) to Mar. 2024 (24.61).

China Mobile Days Sales Outstanding Historical Data

The historical data trend for China Mobile'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.

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China Mobile Days Sales Outstanding Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.46

17.05

14.93

15.25

18.07

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 Sales Outstanding	Get a 7-Day Free Trial															20.46	23.12	26.11	24.63	24.61

Competitive Comparison of China Mobile's Days Sales Outstanding

For the Telecom Services subindustry, China Mobile'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 Mobile's Days Sales Outstanding Distribution in the Telecommunication Services Industry

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

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

China Mobile 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 Mobile'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
=	( (5789.493	+	7048.245)	/	2 )	/	129623.309	*	365
=	6418.869					/	129623.309	*	365
=	18.07

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

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (7048.245	+	11123.294)	/	2 )	/	33688.876	*	365 / 4
=	9085.7695					/	33688.876	*	365 / 4
=	24.61

China Mobile (FRA:CTM) 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 Mobile Days Sales Outstanding Related Terms

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China Mobile (FRA:CTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (FRA:CTM) » Definitions » Days Sales Outstanding

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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.