Coca-Cola HBC AG (Coca-Cola HBC AG) Accounts Payable & Accrued Expense : $1,970 Mil (As of Dec. 2023)

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What is Coca-Cola HBC AG Accounts Payable & Accrued Expense?

Coca-Cola HBC AG's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1,685 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($1,970 Mil).

Coca-Cola HBC AG's annual accounts payable & accrued expense increased from Dec. 2021 ($1,464 Mil) to Dec. 2022 ($1,685 Mil) and increased from Dec. 2022 ($1,685 Mil) to Dec. 2023 ($1,970 Mil).

Coca-Cola HBC AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Coca-Cola HBC AG'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 HBC AG Accounts Payable & Accrued Expense Chart

Coca-Cola HBC AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,346.11

1,320.20

1,464.29

1,685.49

1,970.34

Coca-Cola HBC AG 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															1,464.29	-	1,685.49	-	1,970.34

Coca-Cola HBC AG 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 HBC AG (Coca-Cola HBC AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola HBC AG (OTCPK:CCHGY) » Definitions » Accounts Payable & Accrued Expense

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CCHBF:USA EEE:Greece CCHl:UK CCH:UK C0Q:Germany

Address

Turmstrasse 26, Steinhausen, CHE, CH-6312

Website

https://www.coca-colahellenic.com

Coca-Cola HBC, or HBC, is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola FEMSA and Coca-Cola Europacific Partners, or CCEP. In 2022, HBC sold 2.7 billion unit cases of beverages. For context, Coke's largest bottler, Coke FEMSA, sold 3.75 billion unit cases in Latin America, and the second-largest, CCEP, serving Europe, Southeast Asia, and the South Pacific region, sold 3.3 billion unit cases. There is a long tail of Coke distributors, including brewers and independent operators with very small distribution territories.HBC is listed on the LSE. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of HBC, and The Coca-Cola Company, or TCCC, holds a further 21%. The remaining 56% is free float.

Coca-Cola HBC AG (Coca-Cola HBC AG) Headlines

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