Coca Cola Icecek AS (Coca Cola Icecek AS) Days Payable : 70.39 (As of Dec. 2023)

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What is Coca Cola Icecek AS Days Payable?

Coca Cola Icecek AS's average Accounts Payable for the three months ended in Dec. 2023 was $601 Mil. Coca Cola Icecek AS's Cost of Goods Sold for the three months ended in Dec. 2023 was $780 Mil. Hence, Coca Cola Icecek AS's Days Payable for the three months ended in Dec. 2023 was 70.39.

The historical rank and industry rank for Coca Cola Icecek AS's Days Payable or its related term are showing as below:

COLZF' s Days Payable Range Over the Past 10 Years
Min: 48.03 Med: 57.42 Max: 86.54
Current: 82.27

During the past 13 years, Coca Cola Icecek AS's highest Days Payable was 86.54. The lowest was 48.03. And the median was 57.42.

COLZF's Days Payable is ranked better than
65.14% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.93 vs COLZF: 82.27

Coca Cola Icecek AS's Days Payable increased from Dec. 2022 (26.74) to Dec. 2023 (70.39). It may suggest that Coca Cola Icecek AS delayed paying its suppliers.

Coca Cola Icecek AS Days Payable Historical Data

The historical data trend for Coca Cola Icecek AS's Days Payable 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 Icecek AS Days Payable Chart

Coca Cola Icecek AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.76

74.21

92.28

53.85

107.00

Coca Cola Icecek AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															26.74	114.23	97.02	79.83	70.39

Competitive Comparison of Coca Cola Icecek AS's Days Payable

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek AS's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coca Cola Icecek AS's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's Days Payable falls into.

Coca Cola Icecek AS Days Payable Calculation

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

Coca Cola Icecek AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (731.626	+	639.527)	/	2 )	/	2338.618	*	365
=	685.5765					/	2338.618	*	365
=	107.00

Coca Cola Icecek AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (563.08	+	639.527)	/	2 )	/	779.519	*	365 / 4
=	601.3035					/	779.519	*	365 / 4
=	70.39

Coca Cola Icecek AS Days Payable Related Terms

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Coca Cola Icecek AS (Coca Cola Icecek AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca Cola Icecek AS (OTCPK:COLZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CCOLA:Turkey

Address

OSB Mahallesi Deniz Feneri Sokak, No: 4 Dudullu - Umraniye, Istanbul, TUR, 34776

Website

https://www.cci.com.tr

Coca Cola Icecek AS is the exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. Coca-Cola's brands include Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey. The controlling shareholder of the company is Anadolu Efes Biracilik ve Malt Sanayi.

Coca Cola Icecek AS (Coca Cola Icecek AS) Headlines

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