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Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Accounts Payable & Accrued Expense : $3,390 Mil (As of Dec. 2023)


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What is Coca-Cola Europacific Partners Accounts Payable & Accrued Expense?

Coca-Cola Europacific Partners's quarterly accounts payable & accrued expense increased from Dec. 2022 ($3,390 Mil) to Jun. 2023 ($6,628 Mil) but then declined from Jun. 2023 ($6,628 Mil) to Dec. 2023 ($3,390 Mil).

Coca-Cola Europacific Partners's annual accounts payable & accrued expense increased from Dec. 2021 ($2,601 Mil) to Dec. 2022 ($3,390 Mil) and increased from Dec. 2022 ($3,390 Mil) to Dec. 2023 ($3,390 Mil).


Coca-Cola Europacific Partners Accounts Payable & Accrued Expense Historical Data

The historical data trend for Coca-Cola Europacific Partners's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Coca-Cola Europacific Partners Accounts Payable & Accrued Expense Chart

Coca-Cola Europacific Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,925.56 2,030.41 2,601.13 3,389.83 3,390.40

Coca-Cola Europacific Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,601.13 5,978.86 3,389.83 6,628.39 3,390.40

Coca-Cola Europacific Partners Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Business Description

Address
Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ
CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsasold 3.75 billion unit cases (11%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.7 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.