Coca-Cola Consolidated Inc. (COKE)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,146,540 | 4,055,150 | 3,923,000 | 3,608,530 | 3,238,450 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,146,540K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Coca-Cola Consolidated Inc. from December 31, 2020, to December 31, 2024, is not available ("—").
The payables turnover ratio measures how efficiently a company is managing its accounts payable by assessing how well it pays its suppliers. A higher payables turnover ratio typically indicates that a company is paying its suppliers more frequently, which can be a sign of good liquidity management.
Since the payables turnover data is not available for the specified years, we are unable to evaluate how effectively Coca-Cola Consolidated Inc. is managing its accounts payable during this period. It is essential to have access to this information to gain insights into the company's relationship with its suppliers and its working capital management.
Peer comparison
Dec 31, 2024