Coca-Cola Consolidated's total inventories for the quarter that ended in Dec. 2023 was $322 Mil. Coca-Cola Consolidated's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $321 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Coca-Cola Consolidated's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-176.26.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Coca-Cola Consolidated's Days Inventory for the
three
months ended in Dec. 2023 was 29.62.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coca-Cola Consolidated's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.08.
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 Consolidated's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.
Coca-Cola Consolidated Total Inventories Historical Data
The historical data trend for Coca-Cola Consolidated's Total Inventories 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.
Coca-Cola Consolidated Total Inventories Calculation
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Coca-Cola Consolidated (NAS:COKE) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Coca-Cola Consolidated's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is
4. 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 Consolidated's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Be Aware
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Coca-Cola Consolidated Total Inventories Related Terms
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Coca-Cola Consolidated (Coca-Cola Consolidated) Business Description
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.
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