China Communications Services (HKSE:00552) Days Sales Outstanding : 62.37 (As of Dec. 2023)

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What is China Communications Services Days Sales Outstanding?

China Communications Services's average Accounts Receivable for the six months ended in Dec. 2023 was HK$28,202 Mil. China Communications Services's Revenue for the six months ended in Dec. 2023 was HK$82,520 Mil. Hence, China Communications Services's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.37.

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

HKSE:00552' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.48 Med: 70 Max: 95.25
Current: 59.19

During the past 13 years, China Communications Services's highest Days Sales Outstanding was 95.25. The lowest was 52.48. And the median was 70.00.

HKSE:00552's Days Sales Outstanding is ranked worse than
54.52% of 376 companies
in the Telecommunication Services industry
Industry Median: 56.655 vs HKSE:00552: 59.19

China Communications Services's Days Sales Outstanding increased from Dec. 2022 (58.73) to Dec. 2023 (62.37).

China Communications Services Days Sales Outstanding Historical Data

The historical data trend for China Communications Services'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 Communications Services Days Sales Outstanding Chart

China Communications Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.96

57.52

52.48

54.12

54.84

China Communications Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															56.04	59.17	58.73	60.34	62.37

Competitive Comparison of China Communications Services's Days Sales Outstanding

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

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

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

China Communications Services 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 Communications Services'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
=	( (22680.772	+	26164.567)	/	2 )	/	162551.595	*	365
=	24422.6695					/	162551.595	*	365
=	54.84

China Communications Services'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (30240.033	+	26164.567)	/	2 )	/	82520.283	*	365 / 2
=	28202.3					/	82520.283	*	365 / 2
=	62.37

China Communications Services (HKSE:00552) 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 Communications Services Days Sales Outstanding Related Terms

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China Communications Services (HKSE:00552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Communications Services Corp Ltd (HKSE:00552) » Definitions » Days Sales Outstanding

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Address

Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinaccs.com.hk

China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

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