Coca-Cola Co. operates in 2 regions: United States and International.
Area Asset Turnover
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
United States | 4.41 | 3.80 | 2.83 | 2.88 | 2.73 |
International | 4.35 | 3.95 | 3.20 | 3.77 | 5.03 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
International | International area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: United States
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Net operating revenues | 15,413) | 13,010) | 11,281) | 11,715) | 11,344) |
Property, plant and equipment, net | 3,494) | 3,420) | 3,988) | 4,062) | 4,154) |
Area Activity Ratio | |||||
Area asset turnover1 | 4.41 | 3.80 | 2.83 | 2.88 | 2.73 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net operating revenues ÷ Property, plant and equipment, net
= 15,413 ÷ 3,494 = 4.41
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: International
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Net operating revenues | 27,591) | 25,645) | 21,733) | 25,551) | 20,512) |
Property, plant and equipment, net | 6,347) | 6,500) | 6,789) | 6,776) | 4,078) |
Area Activity Ratio | |||||
Area asset turnover1 | 4.35 | 3.95 | 3.20 | 3.77 | 5.03 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net operating revenues ÷ Property, plant and equipment, net
= 27,591 ÷ 6,347 = 4.35
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | International | International area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net operating revenues
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
United States | 15,413) | 13,010) | 11,281) | 11,715) | 11,344) |
International | 27,591) | 25,645) | 21,733) | 25,551) | 20,512) |
Total | 43,004) | 38,655) | 33,014) | 37,266) | 31,856) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Property, plant and equipment, net
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
United States | 3,494) | 3,420) | 3,988) | 4,062) | 4,154) |
International | 6,347) | 6,500) | 6,789) | 6,776) | 4,078) |
Total | 9,841) | 9,920) | 10,777) | 10,838) | 8,232) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).