Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Change In Inventory

: $9 Mil (TTM As of Dec. 2023)

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Coca-Cola Europacific Partners's change in inventory for the quarter that ended in Dec. 2023 was $391 Mil. It means Coca-Cola Europacific Partners's inventory declined by $391 Mil from Jun. 2023 to Dec. 2023 .

Coca-Cola Europacific Partners's change in inventory for the fiscal year that ended in Dec. 2023 was $7 Mil. It means Coca-Cola Europacific Partners's inventory declined by $7 Mil from Dec. 2022 to Dec. 2023 .

Coca-Cola Europacific Partners's Total Inventories for the quarter that ended in Dec. 2023 was $1,479 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coca-Cola Europacific Partners's Days Inventory for the quarter that ended in Dec. 2023 was 47.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coca-Cola Europacific Partners's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.84.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Coca-Cola Europacific Partners's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Coca-Cola Europacific Partners Change In Inventory Historical Data

The historical data trend for Coca-Cola Europacific Partners's Change In Inventory 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-27.78

41.36

-1.13

-258.48

6.54

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
Change In Inventory																161.58	-258.99	1.06	-382.45	391.49

Coca-Cola Europacific Partners Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $9 Mil.

Coca-Cola Europacific Partners (NAS:CCEP) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Coca-Cola Europacific Partners's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1667.8615	/	6406.761	*	365 / 2
	=	47.51

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Coca-Cola Europacific Partners's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6406.761	/	1667.8615
	=	3.84

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Coca-Cola Europacific Partners's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1667.8615	/	10169.029
	=	0.16

Coca-Cola Europacific Partners Change In Inventory Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Europacific Partners PLC (NAS:CCEP) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CCEP:Netherlands CCEPa:UK CCEP:UK CCEP:Spain CK0:Germany CK0:Germany

Address

Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ

Website

https://www.cocacolaep.com

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.