Coca-Cola HBC AG (ATH:EEE) Days Payable: 57.57 (As of Dec. 2025) — 13% Above Median


ATH:EEE Coca-Cola HBC AG ATH:EEE
96 GF Score
Price €53.50
GF Value €38.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Coca-Cola HBC AG Days Payable?

Coca-Cola HBC AG ATH:EEE +1.71% 96 Days Payable is 57.57 as of Dec. 2025, which is 13% above its 10-year median of 51.05. GuruFocus rates ATH:EEE with a GF Score™ of 96/100 and a GF Value™ of €38.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 114 Beverages - Non-Alcoholic companies, Coca-Cola HBC AG ranks worse than 51.75% on this metric.

Coca-Cola HBC AG's average Accounts Payable for the six months ended in Dec. 2025 was €1,193 Mil. Coca-Cola HBC AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €3,780 Mil. Hence, Coca-Cola HBC AG's Days Payable for the six months ended in Dec. 2025 was 57.57.

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

ATH:EEE' s Days Payable Range Over the Past 10 Years
Min: 44.43   Med: 51.05   Max: 60.44
Current: 57.21

During the past 13 years, Coca-Cola HBC AG's highest Days Payable was 60.44. The lowest was 44.43. And the median was 51.05.

ATH:EEE's Days Payable is ranked worse than
51.75% of 114 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.68 vs ATH:EEE: 57.21

Coca-Cola HBC AG's Days Payable declined from Dec. 2024 (58.06) to Dec. 2025 (57.57). It may suggest that Coca-Cola HBC AG accelerated paying its suppliers.


Coca-Cola HBC AG Days Payable Historical Data

* Premium members only.

The historical data trend for Coca-Cola HBC AG's Days Payable 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 Days Payable Chart

Coca-Cola HBC AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.37 49.00 56.31 59.27 57.92

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
Days Payable 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 59.49 60.58 58.06 58.30 57.57

ATH:EEE vs KO, PEP, MNST: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's Days Payable, along with its competitors' market caps and Days Payable 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 HBC AG Days Payable vs Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola HBC AG's Days Payable falls into.


ATH:EEE
96GF Score
Coca-Cola HBC AG ATH:EEE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola HBC AG Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Coca-Cola HBC AG's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1136.1 + 1192.5) / 2 ) / 7336.6*365
=1164.3 / 7336.6*365
=57.92

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

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 1192.5) / 1 ) / 3780.2*365 / 2
=1192.5 / 3780.2*365 / 2
=57.57

* 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 Days Payable →
What does a Days Payable of 57.57 mean?
Coca-Cola HBC AG (ATH:EEE) has a Days Payable of 57.57 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Coca-Cola HBC AG and its competitors. This is 13% above median its historical median of 51.05. Over the past decade, Coca-Cola HBC AG's Days Payable has ranged from 44.43 to 60.44. According to the industry distribution chart, Coca-Cola HBC AG ranks #59 out of 114 companies in the Beverages - Non-Alcoholic industry, placing it in the top 51.8%.
Is Coca-Cola HBC AG's Days Payable too high?
Coca-Cola HBC AG's current Days Payable of 57.57 is 13% above median its 10-year median of 51.05. Over the past 10 years, this metric has ranged from a low of 44.43 to a high of 60.44. The Beverages - Non-Alcoholic industry median Days Payable is 58.68. Coca-Cola HBC AG's value of 57.57 is 1.9% below this industry median. Based on the distribution chart, Coca-Cola HBC AG ranks #59 out of 114 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola HBC AG has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola HBC AG's Days Payable compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola HBC AG ranks #59 out of 114 companies for Days Payable. This places Coca-Cola HBC AG in the lower half of its industry. The industry median Days Payable is 58.68. Coca-Cola HBC AG's value of 57.57 is 1.9% below this benchmark. Historically, Coca-Cola HBC AG's own Days Payable has ranged from 44.43 to 60.44 over the past decade. While the company's 10-year median is 51.05 vs. the industry median of 58.68, Coca-Cola HBC AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 58.68, based on 114 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola HBC AG's current Days Payable of 57.57 is 1.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Coca-Cola HBC AG and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 58.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola HBC AG's current Days Payable is 57.57, which is 13% above median its own 10-year median of 51.05. 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 €38.50, compared to a current price of €53.50 — trading 39% above its estimated fair value. The current Days Payable is 57.57, which is 13% above median its 10-year median of 51.05 and 1.9% below the Beverages - Non-Alcoholic industry median of 58.68. Coca-Cola HBC AG's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Coca-Cola HBC AG (ATH:EEE), the current Days Payable is 57.57 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 €53.50 is trading 39% above its estimated GF Value™ of €38.50. GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.

Key valuation signals for ATH:EEE:

  • Days Payable: 57.57 (13% above median its 10-year median of 51.05)
  • GF Value™: €38.50 vs. price of €53.50 (39% above fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 1.9% below the Beverages - Non-Alcoholic median (#59 of 114)

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.
96GF Score

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

€53.50
Price
€38.50
GF Value