The historical rank and industry rank for Coca-Cola HBC AG's Days Inventory or its related term are showing as below:
LSE:CCH'
s Days Inventory Range Over the Past 10 Years
Min: 37.09 Med: 38.52 Max: 46
Current: 46
During the past 13 years, Coca-Cola HBC AG's highest Days Inventory was 46.00. The lowest was 37.09. And the median was 38.52.
LSE:CCH's Days Inventory is ranked better than 75.93% of 108
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165
vs LSE:CCH: 46.00
Coca-Cola HBC AG's Days Inventory
increased
from Dec. 2022 (44.16) to Dec. 2023 (46.70).
It might indicate that Coca-Cola HBC AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coca-Cola HBC AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.91.
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
six
months ended in Dec. 2023 was 0.17.
Coca-Cola HBC AG Days Inventory Historical Data
The historical data trend for Coca-Cola HBC AG'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.
Competitive Comparison of Coca-Cola HBC AG's Days Inventory
For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG'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 HBC AG's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola HBC AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Coca-Cola HBC AG's Days Inventory falls into.
Coca-Cola HBC AG Days Inventory Calculation
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 fiscal year that ended in Dec. 2023 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.
Coca-Cola HBC AG (LSE:CCH) 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 HBC AG's Inventory Turnover for the
six
months ended in Dec. 2023 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 HBC AG's Inventory to Revenue for the
six
months ended in Dec. 2023 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 HBC AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Coca-Cola HBC AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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