The Coca-Cola Company (KO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 18,324,000 | 18,520,000 | 18,000,000 | 15,357,000 | 13,433,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $18,324,000K ÷ $—K
= —
The payables turnover ratio for The Coca-Cola Company based on the given data is not available for the years from December 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company manages its payments to suppliers. Without specific values for the payables turnover ratio, it is challenging to assess the company's performance in managing its accounts payable and supplier relationships during these years. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking longer to pay its bills.
Peer comparison
Dec 31, 2024