Coca-Cola Europacific Partners (XAMS:CCEP) Days Inventory : 47.12 (As of Jun. 2024)

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What is Coca-Cola Europacific Partners Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coca-Cola Europacific Partners's Average Total Inventories for the six months ended in Jun. 2024 was €1,635 Mil. Coca-Cola Europacific Partners's Cost of Goods Sold for the six months ended in Jun. 2024 was €6,332 Mil. Hence, Coca-Cola Europacific Partners's Days Inventory for the six months ended in Jun. 2024 was 47.12.

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

XAMS:CCEP' s Days Inventory Range Over the Past 10 Years
Min: 32.44 Med: 35.54 Max: 49.73
Current: 49.73

During the past 13 years, Coca-Cola Europacific Partners's highest Days Inventory was 49.73. The lowest was 32.44. And the median was 35.54.

XAMS:CCEP's Days Inventory is ranked better than
72.22% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.78 vs XAMS:CCEP: 49.73

Coca-Cola Europacific Partners's Days Inventory declined from Jun. 2023 (49.47) to Jun. 2024 (47.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Coca-Cola Europacific Partners's Inventory Turnover for the six months ended in Jun. 2024 was 3.87.

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 Europacific Partners's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.17.

Coca-Cola Europacific Partners Days Inventory Historical Data

The historical data trend for Coca-Cola Europacific Partners'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 Europacific Partners Days Inventory Chart

Coca-Cola Europacific Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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34.81

37.29

38.66

41.73

43.11

Coca-Cola Europacific Partners Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															44.30	43.83	49.47	47.68	47.12

Competitive Comparison of Coca-Cola Europacific Partners's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners'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 Europacific Partners's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

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

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

Coca-Cola Europacific Partners Days Inventory Calculation

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

Coca-Cola Europacific Partners's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1380	+	1356)	/	2 )	/	11582	*	365
=	1368					/	11582	*	365
=	43.11

Coca-Cola Europacific Partners's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1356	+	1914)	/	2 )	/	6332	*	365 / 2
=	1635					/	6332	*	365 / 2
=	47.12

Coca-Cola Europacific Partners (XAMS:CCEP) 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 Europacific Partners's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6332	/	1635
	=	3.87

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 Europacific Partners's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1635	/	9828
	=	0.17

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 Europacific Partners Days Inventory Related Terms

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

Coca-Cola Europacific Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Europacific Partners PLC (XAMS:CCEP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CCEP:USA CCEP:Mexico CCEPa:UK CCEP:UK CCEP:Spain CK0:Germany CK0:Germany

Address

Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ

Website

https://www.cocacolaep.com

CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%).In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.