Coca-Cola Consolidated (Coca-Cola Consolidated) Accounts Payable & Accrued Expense : $775.52 Mil (As of Mar. 2024)

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What is Coca-Cola Consolidated Accounts Payable & Accrued Expense?

Coca-Cola Consolidated's quarterly accounts payable & accrued expense increased from Sep. 2023 ($719.61 Mil) to Dec. 2023 ($881.52 Mil) but then declined from Dec. 2023 ($881.52 Mil) to Mar. 2024 ($775.52 Mil).

Coca-Cola Consolidated's annual accounts payable & accrued expense increased from Dec. 2021 ($645.11 Mil) to Dec. 2022 ($716.59 Mil) and increased from Dec. 2022 ($716.59 Mil) to Dec. 2023 ($881.52 Mil).

Coca-Cola Consolidated Accounts Payable & Accrued Expense Historical Data

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

Coca-Cola Consolidated Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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475.08

483.47

645.11

716.59

881.52

Coca-Cola Consolidated Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															677.47	741.12	719.61	881.52	775.52

Coca-Cola Consolidated 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 Consolidated (Coca-Cola Consolidated) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Consolidated Inc (GREY:COKEB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

COKE:USA CC5:Germany

Address

4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211

Website

https://www.cokeconsolidated.com

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.