The Coca-Cola Company (KO)
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 | 18,324,000 | 18,345,000 | 18,338,000 | 18,438,000 | 18,520,000 | 18,399,000 | 18,308,000 | 18,226,000 | 18,000,000 | 17,575,000 | 16,986,000 | 15,943,000 | 15,357,000 | 14,847,000 | 14,341,000 | 16,938,000 | 16,804,000 | 16,792,000 | 17,088,000 | 14,625,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $18,324,000K ÷ $—K
= —
The payables turnover ratio for The Coca-Cola Company is not provided in the data for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio helps assess how efficiently a company is managing its trade credit by measuring how many times, on average, a company pays off its accounts payable during a specific period.
Without the specific values for payables turnover, it is challenging to evaluate how effectively Coca-Cola is managing its accounts payable and how quickly it is settling its short-term obligations to suppliers. A higher payables turnover ratio generally indicates that the company is paying its suppliers more frequently, which could imply better liquidity or bargaining power. On the other hand, a low payables turnover ratio might suggest that the company is taking longer to settle its payables, potentially indicating liquidity issues or strained supplier relationships.
In the absence of data, a detailed analysis of Coca-Cola's payables turnover ratio trends, comparisons with industry benchmarks, and insights into its payment policies and supplier relationships cannot be provided. It would be beneficial to obtain the specific figures for payables turnover to conduct a more thorough analysis of Coca-Cola's working capital management and financial efficiency.
Peer comparison
Dec 31, 2024