Coca-Cola HBC AG (FRA:C0Q) Change In Receivables : €-213 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Coca-Cola HBC AG Change In Receivables?

Coca-Cola HBC AG's change in receivables for the quarter that ended in Dec. 2023 was €331 Mil. It means Coca-Cola HBC AG's Accounts Receivable declined by €331 Mil from Jun. 2023 to Dec. 2023 .

Coca-Cola HBC AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-213 Mil. It means Coca-Cola HBC AG's Accounts Receivable increased by €213 Mil from Dec. 2022 to Dec. 2023 .

Coca-Cola HBC AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €863 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. 2023 was 30.52.

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. 2023 was €-3,730 Mil.

Coca-Cola HBC AG Change In Receivables Historical Data

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.

* Premium members only.

Coca-Cola HBC AG Change In Receivables Chart

Coca-Cola HBC AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-18.00

178.50

-109.00

-104.70

-212.70

Coca-Cola HBC AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															140.10	-349.60	244.90	-543.90	331.20

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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-213 Mil.

Coca-Cola HBC AG (FRA:C0Q) 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. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	863.2	/	5162.5	*	91
=	30.52

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. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1928.5	-	6692.9	+	0.75 * 863.2	+	0.5 * 773.3
=	-3,730

Coca-Cola HBC AG Change In Receivables Related Terms

Thank you for viewing the detailed overview of Coca-Cola HBC AG's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Coca-Cola HBC AG (FRA:C0Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola HBC AG (FRA:C0Q) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CCHGY:USA CCHBF:USA EEE:Greece CCHl:UK CCH:UK

Address

Turmstrasse 26, Steinhausen, CHE, CH-6312

Website

https://www.coca-colahellenic.com

Coca-Cola HBC, or HBC, is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola FEMSA and Coca-Cola Europacific Partners, or CCEP. In 2022, HBC sold 2.7 billion unit cases of beverages. For context, Coke's largest bottler, Coke FEMSA, sold 3.75 billion unit cases in Latin America, and the second-largest, CCEP, serving Europe, Southeast Asia, and the South Pacific region, sold 3.3 billion unit cases. There is a long tail of Coke distributors, including brewers and independent operators with very small distribution territories.HBC is listed on the LSE. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of HBC, and The Coca-Cola Company, or TCCC, holds a further 21%. The remaining 56% is free float.

Coca-Cola HBC AG (FRA:C0Q) Headlines

No Headlines