Coca-Cola HBC AG (LSE:CCH) Days Sales Outstanding : 42.17 (As of Dec. 2023)

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What is Coca-Cola HBC AG Days Sales Outstanding?

Coca-Cola HBC AG's average Accounts Receivable for the six months ended in Dec. 2023 was £1,028 Mil. Coca-Cola HBC AG's Revenue for the six months ended in Dec. 2023 was £4,448 Mil. Hence, Coca-Cola HBC AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.17.

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

LSE:CCH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.64 Med: 38.16 Max: 40.9
Current: 38.28

During the past 13 years, Coca-Cola HBC AG's highest Days Sales Outstanding was 40.90. The lowest was 29.64. And the median was 38.16.

LSE:CCH's Days Sales Outstanding is ranked better than
55.96% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.81 vs LSE:CCH: 38.28

Coca-Cola HBC AG's Days Sales Outstanding increased from Dec. 2022 (40.56) to Dec. 2023 (42.17).

Coca-Cola HBC AG Days Sales Outstanding Historical Data

The historical data trend for Coca-Cola HBC AG's Days Sales Outstanding 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.

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Coca-Cola HBC AG Days Sales Outstanding Chart

Coca-Cola HBC AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.08

38.18

33.11

29.64

30.03

Coca-Cola HBC AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															42.64	46.16	40.56	42.60	42.17

Competitive Comparison of Coca-Cola HBC AG's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

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

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

Coca-Cola HBC AG Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Coca-Cola HBC AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (699.937	+	743.651)	/	2 )	/	8773.566	*	365
=	721.794					/	8773.566	*	365
=	30.03

Coca-Cola HBC AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1311.562	+	743.651)	/	2 )	/	4447.519	*	365 / 2
=	1027.6065					/	4447.519	*	365 / 2
=	42.17

Coca-Cola HBC AG (LSE:CCH) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Coca-Cola HBC AG Days Sales Outstanding Related Terms

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Coca-Cola HBC AG (LSE:CCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola HBC AG (LSE:CCH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CCHGY:USA CCHBF:USA EEE:Greece CCHl:UK C0Q:Germany

Address

Turmstrasse 26, Steinhausen, CHE, CH-6312

Website

https://www.coca-colahellenic.com

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.

Coca-Cola HBC AG (LSE:CCH) Headlines

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