Coca-Cola Consolidated Inc. (COKE)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 11.18 | 10.76 | 10.93 | 9.90 | |
| DSO | days | — | 32.66 | 33.91 | 33.40 | 36.87 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for Coca-Cola Consolidated Inc have remained relatively stable over the past five years, ranging from 35.69 days to 39.72 days. This indicates that the company takes an average of around 36 to 40 days to collect its accounts receivable. A lower DSO value suggests that the company is efficient in collecting payments from its customers, while a higher value may indicate potential issues with credit policies or collection practices. Overall, the consistency in DSO over the years suggests that Coca-Cola Consolidated Inc has been effectively managing its accounts receivable and maintaining steady cash flow.
Peer comparison
Dec 31, 2023