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China Tower (China Tower) Days Sales Outstanding : 247.98 (As of Dec. 2023)


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What is China Tower Days Sales Outstanding?

China Tower's average Accounts Receivable for the three months ended in Dec. 2023 was $9,081 Mil. China Tower's Revenue for the three months ended in Dec. 2023 was $3,341 Mil. Hence, China Tower's Days Sales Outstanding for the three months ended in Dec. 2023 was 247.98.

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

CHWRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.33   Med: 99.57   Max: 391.04
Current: 273.51

During the past 9 years, China Tower's highest Days Sales Outstanding was 391.04. The lowest was 56.33. And the median was 99.57.

CHWRF's Days Sales Outstanding is ranked worse than
98.93% of 375 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs CHWRF: 273.51

China Tower's Days Sales Outstanding increased from Sep. 2022 (152.01) to Dec. 2023 (247.98).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


China Tower Days Sales Outstanding Historical Data

The historical data trend for China Tower'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 Tower Days Sales Outstanding Chart

China Tower Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 82.82 99.28 111.67 135.08 198.42

China Tower Quarterly Data
Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 141.77 - 224.89 247.98 248.90

Competitive Comparison of China Tower's Days Sales Outstanding

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

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

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



China Tower 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 Tower'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
=( (5234.448 + 9080.558) / 2 ) / 13166.158*365
=7157.503 / 13166.158*365
=198.42

China Tower'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
=( (0 + 9080.558) / 1 ) / 3341.363*365 / 4
=9080.558 / 3341.363*365 / 4
=247.98

* 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 Tower  (OTCPK:CHWRF) 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 Tower Days Sales Outstanding Related Terms

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China Tower (China Tower) Business Description

Traded in Other Exchanges
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
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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