Coca-Cola HBC AG (ATH:EEE) Change In Receivables: €-180 Mil (TTM As of Dec. 2025)

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ATH:EEE Coca-Cola HBC AG ATH:EEE
95 GF Score
Price €57.90
GF Value €38.69
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coca-Cola HBC AG Change In Receivables?

Coca-Cola HBC AG ATH:EEE +1.22% 95 Change In Receivables is €-180 Mil as of Dec. 2025. GuruFocus rates ATH:EEE with a GF Score™ of 95/100 and a GF Value™ of €38.69 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Coca-Cola HBC AG's change in receivables for the quarter that ended in Dec. 2025 was €405 Mil. It means Coca-Cola HBC AG's Accounts Receivable declined by €405 Mil from Jun. 2025 to Dec. 2025 .

Coca-Cola HBC AG's change in receivables for the fiscal year that ended in Dec. 2025 was €-180 Mil. It means Coca-Cola HBC AG's Accounts Receivable increased by €180 Mil from Dec. 2024 to Dec. 2025 .

Coca-Cola HBC AG's Accounts Receivable for the quarter that ended in Dec. 2025 was €909 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 HBC AG's Days Sales Outstanding for the six months ended in Dec. 2025 was 27.73.

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 HBC AG's liquidation value for the six months ended in Dec. 2025 was €-3,825 Mil.

Coca-Cola HBC AG  (ATH:EEE) 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 HBC AG's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=909.3/5984.2*91
=27.73

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

Coca-Cola HBC AG's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2730.1-7657.7+0.75 * 909.3+0.5 * 840.3
=-3,825

* 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 HBC AG Change In Receivables Related Terms

Coca-Cola HBC AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Coca-Cola HBC AG'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.

Coca-Cola HBC AG Change In Receivables Chart

Coca-Cola HBC AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.00 -104.70 -212.70 -71.70 -180.00

Coca-Cola HBC AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 331.20 -551.30 479.60 -584.90 404.90
ATH:EEE
95GF Score
Coca-Cola HBC AG ATH:EEE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola HBC AG 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-180 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-180 Mil mean?
Coca-Cola HBC AG (ATH:EEE) has a Change In Receivables of €-180 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Coca-Cola HBC AG and its competitors.
Is Coca-Cola HBC AG's Change In Receivables too high?
Coca-Cola HBC AG's current Change In Receivables is €-180 Mil. Overall, Coca-Cola HBC AG has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola HBC AG's Change In Receivables compare to KO and PEP?
Coca-Cola HBC AG's Change In Receivables of €-180 Mil can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Beverages - Non-Alcoholic company?
A good Change In Receivables depends on the Beverages - Non-Alcoholic industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Coca-Cola HBC AG and its competitors. Coca-Cola HBC AG's current Change In Receivables is €-180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola HBC AG stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola HBC AG (ATH:EEE) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.69, compared to a current price of €57.90 — trading 49.7% above its estimated fair value. The current Change In Receivables is €-180 Mil. Coca-Cola HBC AG's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Coca-Cola HBC AG (ATH:EEE), the current Change In Receivables is €-180 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coca-Cola HBC AG (ATH:EEE) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola HBC AG stock appears to be overvalued. The current stock price of €57.90 is trading 49.7% above its estimated GF Value™ of €38.69. GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.

Key valuation signals for ATH:EEE:

  • Change In Receivables: €-180 Mil
  • GF Value™: €38.69 vs. price of €57.90 (49.7% above fair value)
  • GF Score™: 95/100 with 5 warning signs

No single metric tells the full story. See the ATH:EEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Coca-Cola HBC AG Business Description

Address Turmstrasse 26, Steinhausen, CHE, CH-6312
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2025, CCHBC sold 2.9 billion unit cases of beverages. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.
95GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€57.90
Price
€38.69
GF Value