Coca-Cola Consolidated Inc. (COKE)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,146,461 | 4,087,319 | 4,070,579 | 4,057,529 | 4,055,154 | 4,039,859 | 3,996,459 | 3,973,759 | 3,923,005 | 3,858,329 | 3,790,569 | 3,684,155 | 3,608,527 | 3,515,782 | 3,432,108 | 3,291,876 | 3,238,448 | 3,187,444 | 3,170,203 | 3,210,169 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,146,461K ÷ $—K
= —
The payables turnover ratio for Coca-Cola Consolidated Inc. is not provided in the data for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payables by comparing its average accounts payable to its cost of goods sold.
Without the specific values for this ratio, it is challenging to assess the company's ability to effectively manage its trade payables during the given period. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly, which could reflect strong liquidity and favorable payment terms. On the other hand, a lower ratio may suggest that the company is taking longer to settle its payables, which could potentially strain its relationships with suppliers.
It is important for investors and analysts to have access to this ratio to gain insights into Coca-Cola Consolidated Inc.'s payment practices and vendor relationships, as well as to evaluate its working capital management efficiency.
Peer comparison
Dec 31, 2024