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GuruFocus has detected 8 Warning Signs with Coca-Cola Co $KO.
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Coca-Cola Co (NYSE:KO)
Days Payable
64.51 (As of Dec. 2016)

Coca-Cola Co's payable for the three months ended in Dec. 2016 was $2,682 Mil. Coca-Cola Co's cost of goods sold for the three months ended in Dec. 2016 was $3,794 Mil. Hence, Coca-Cola Co's days payable for the three months ended in Dec. 2016 was 64.51.

KO' s Days Payable Range Over the Past 10 Years
Min: 37.72   Max: 59.46
Current: 59.46

37.72
59.46

During the past 13 years, Coca-Cola Co's highest Days Payable was 59.46. The lowest was 37.72. And the median was 45.19.

KO's Days Payable is ranked higher than
55% of the 66 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 53.17 vs. KO: 59.46 )

Coca-Cola Co's days payable increased from Dec. 2015 (62.91) to Dec. 2016 (64.51). It may suggest that Coca-Cola Co delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Coca-Cola Co's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2682/16465*365
=59.46

Coca-Cola Co's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2682/3794*365 / 4
=64.51

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Coca-Cola Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 48.4043.9646.4254.2643.5237.7238.3042.6258.3659.46

Coca-Cola Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 0.0043.750.000.000.0062.910.000.000.0064.51
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