Coca-Cola Consolidated (Coca-Cola Consolidated) Change In Receivables : $-40.60 Mil (TTM As of Mar. 2024)

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What is Coca-Cola Consolidated Change In Receivables?

Coca-Cola Consolidated's change in receivables for the quarter that ended in Mar. 2024 was $-20.45 Mil. It means Coca-Cola Consolidated's Accounts Receivable increased by $20.45 Mil from Dec. 2023 to Mar. 2024 .

Coca-Cola Consolidated's change in receivables for the fiscal year that ended in Dec. 2023 was $-52.94 Mil. It means Coca-Cola Consolidated's Accounts Receivable increased by $52.94 Mil from Dec. 2022 to Dec. 2023 .

Coca-Cola Consolidated's Accounts Receivable for the quarter that ended in Mar. 2024 was $551.44 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Coca-Cola Consolidated's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Coca-Cola Consolidated's liquidation value for the three months ended in Mar. 2024 was $-1,516.88 Mil.

Coca-Cola Consolidated Change In Receivables Historical Data

The historical data trend for Coca-Cola Consolidated's Change In Receivables 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 Change In Receivables Chart

Coca-Cola Consolidated Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-26.76

27.33

-52.15

-58.58

-52.94

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
Change In Receivables	Get a 7-Day Free Trial															-32.79	-61.71	50.28	-8.72	-20.45

Coca-Cola Consolidated Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40.60 Mil.

Coca-Cola Consolidated (GREY:COKEB) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Coca-Cola Consolidated's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	551.439	/	1591.626	*	91
=	31.61

2. In Ben Graham's calculation of liquidation value, Coca-Cola Consolidated's accounts receivable are only considered to be worth 75% of book value:

Coca-Cola Consolidated's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	584.899	-	2695.906	+	0.75 * 551.439	+	0.5 * 361.086
=	-1,516.88

Coca-Cola Consolidated Change In Receivables Related Terms

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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 » Change In Receivables

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.