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Coca-Cola Consolidated (LTS:0I0T) Days Inventory : 28.94 (As of Dec. 2024)


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What is Coca-Cola Consolidated Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coca-Cola Consolidated's Average Total Inventories for the three months ended in Dec. 2024 was $333 Mil. Coca-Cola Consolidated's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,049 Mil. Hence, Coca-Cola Consolidated's Days Inventory for the three months ended in Dec. 2024 was 28.94.

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

LTS:0I0T' s Days Inventory Range Over the Past 10 Years
Min: 20.8   Med: 25.33   Max: 30.26
Current: 29.69

During the past 13 years, Coca-Cola Consolidated's highest Days Inventory was 30.26. The lowest was 20.80. And the median was 25.33.

LTS:0I0T's Days Inventory is ranked better than
94.59% of 111 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.06 vs LTS:0I0T: 29.69

Coca-Cola Consolidated's Days Inventory declined from Dec. 2023 (29.62) to Dec. 2024 (28.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Coca-Cola Consolidated's Inventory Turnover for the three months ended in Dec. 2024 was 3.15.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Coca-Cola Consolidated's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.19.


Coca-Cola Consolidated Days Inventory Historical Data

The historical data trend for Coca-Cola Consolidated's Days Inventory 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 Consolidated Days Inventory Chart

Coca-Cola Consolidated Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 26.73 30.26 30.13 28.71

Coca-Cola Consolidated Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory 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 29.62 32.77 29.56 28.76 28.94

Competitive Comparison of Coca-Cola Consolidated's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated's Days Inventory, along with its competitors' market caps and Days Inventory 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 Consolidated's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Consolidated's Days Inventory falls into.


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Coca-Cola Consolidated Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Coca-Cola Consolidated's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (321.932 + 330.395) / 2 ) / 4146.537*365
=326.1635 / 4146.537*365
=28.71

Coca-Cola Consolidated's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (334.681 + 330.395) / 2 ) / 1048.621*365 / 4
=332.538 / 1048.621*365 / 4
=28.94

* 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 Consolidated  (LTS:0I0T) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Coca-Cola Consolidated's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Coca-Cola Consolidated's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Coca-Cola Consolidated Days Inventory Related Terms

Thank you for viewing the detailed overview of Coca-Cola Consolidated's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Consolidated Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc distributes, markets and manufactures nonalcoholic beverages. It offer a range of nonalcoholic beverage products and flavors, including both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company's principal sparkling beverage is Coca Cola. Still beverages include energy products and noncarbonated beverages such as bottled water, ready-to-drink tea, ready-to-drink coffee, enhanced water, juices and sports drinks. The Company has three operating segments: Nonalcoholic Beverages, All Other and Eliminations. key revenue is generated from Nonalcoholic Beverages.

Coca-Cola Consolidated Headlines

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