Coca-Cola Co (BUE:KO) Days Sales Outstanding

: 28.59 (As of Dec. 2023)

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Coca-Cola Co's average Accounts Receivable for the three months ended in Dec. 2023 was ARS1,227,043 Mil. Coca-Cola Co's Revenue for the three months ended in Dec. 2023 was ARS3,916,489 Mil. Hence, Coca-Cola Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.59.

The historical rank and industry rank for Coca-Cola Co's Days Sales Outstanding or its related term are showing as below:

BUE:KO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.51 Med: 35.85 Max: 39.33
Current: 30.25

During the past 13 years, Coca-Cola Co's highest Days Sales Outstanding was 39.33. The lowest was 27.51. And the median was 35.85.

BUE:KO's Days Sales Outstanding is ranked better than
75.23% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.07 vs BUE:KO: 30.25

Coca-Cola Co's Days Sales Outstanding declined from Dec. 2022 (30.63) to Dec. 2023 (28.59).

Coca-Cola Co Days Sales Outstanding Historical Data

The historical data trend for Coca-Cola Co's Days Sales Outstanding 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.

* Premium members only.

Coca-Cola Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

30.83

33.50

28.54

23.78

20.06

Coca-Cola Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																30.63	31.41	29.56	23.73	28.59

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Co Days Sales Outstanding Distribution

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

* The bar in red indicates where Coca-Cola Co's Days Sales Outstanding falls into.

Coca-Cola Co Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Coca-Cola Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (584595.534	+	1231010.001)	/	2 )	/	16517194.015	*	365
=	907802.7675					/	16517194.015	*	365
=	20.06

Coca-Cola Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1223075.284	+	1231010.001)	/	2 )	/	3916489.004	*	365 / 4
=	1227042.6425					/	3916489.004	*	365 / 4
=	28.59

Coca-Cola Co (BUE:KO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Coca-Cola Co Days Sales Outstanding Related Terms

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Coca-Cola Co (BUE:KO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Co (BUE:KO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KO:USA KO:Peru KO:Mexico 1KO:Italy CCC3d:UK 0QZK:UK CCC3:Germany KO:Chile COLA:Canada COCA34:Brazil KO:Austria

Address

One Coca-Cola Plaza, Atlanta, GA, USA, 30313

Website

https://www.coca-colacompany.com

Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.