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Coca-Cola HBC AG (ATH:EEE) Total Inventories : €1,004 Mil (As of Jun. 2024)


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What is Coca-Cola HBC AG Total Inventories?

Coca-Cola HBC AG's total inventories for the quarter that ended in Jun. 2024 was €1,004 Mil. Coca-Cola HBC AG's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €889 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Coca-Cola HBC AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-10.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coca-Cola HBC AG's Days Inventory for the six months ended in Jun. 2024 was 49.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coca-Cola HBC AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.72.

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 HBC AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.17.


Coca-Cola HBC AG Total Inventories Historical Data

The historical data trend for Coca-Cola HBC AG's Total Inventories 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 Total Inventories Chart

Coca-Cola HBC AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 488.10 417.60 519.80 770.00 773.30

Coca-Cola HBC AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories 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 835.20 770.00 953.40 773.30 1,004.20

Coca-Cola HBC AG Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Coca-Cola HBC AG  (ATH:EEE) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Coca-Cola HBC AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2244.8+0.75 * 1757.6+0.5 * 1004.2-7818.4
-0-91.4)/363.914
=-10.56

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

Coca-Cola HBC AG's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=888.75/3306*365 / 2
=49.06

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

Coca-Cola HBC AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=3306 / 888.75
=3.72

4. 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 HBC AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=888.75 / 5175.6
=0.17

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Coca-Cola HBC AG Total Inventories Related Terms

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Coca-Cola HBC AG Business Description

Traded in Other Exchanges
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 2023, CCHBC sold 2.8 billion unit cases of beverages. For context, Coke's largest bottler, Coke Femsa, sold 4 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 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.

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