How well did coke and pepsi do in managing inventory

Assignment Help Financial Accounting
Reference no: EM132961032

The calculated results reviewed showed Coca-Cola company's inventory turnover has dropped in 2020 to 4.04 times from 4.53 times in 2019 (Coca-Cola, 2021). This is related mainly due to drop in the net operating revenues in 2020 which was 33 billion from 37 billion in 2019 (Coca-Cola, 2021). The net operating revenues also dropped by $ (4,252) billion (11%) in 2020 (Coca- Cola, 2020). Regarding inventory, the average days in inventory for Coca-Cola goods increased from 81 days in 2019 to 90 days in 2020 for Coca-Cola company (Coca Cola, 2020).

PepsiCo company's inventory turnover also has dropped in 2020 to 8.47 times from 9.32 times in 2019. This is mainly due to the increase in the cost of sales by $ 1,665 billion 6% from 30,132 billion in 2019 to $ 31,797 billion in 2020. (PepsiCo, 2021). Regarding inventory, the average days in inventory for PepsiCo Company also increased from 39 days in 2019 to 43 days in 2020.

Inventory turnover coke pepsi- is 8.47 times, 2019 is 9.32 times coke 2020, 4.04 times and 2019- 4.53 times

Problem 1: How well did Coke and Pepsi do in managing inventory for 2020 and 2019?

Problem 2: What other thoughts do you have on how Coke and PEPSI did with inventory turnover and average days in inventory for 2020 and 2019?

Reference no: EM132961032

Questions Cloud

Should Pamela buy the blades from outside supplier : Pamela has an opportunity to purchase its 100,000 blades from an outside supplier at a cost of P2.20 per blade. Should Pamela buy blades from outside supplier
Explain any three sections of the annual report : Explain any 3 sections of the annual report and the usefulness of information communicated by this report in understanding the current performance
Discuss the impact on profitability : In the books of Pixie Ltd closing inventory, Discuss the impact on profitability and disclosure requirement of change in Accounting policy as per AS 1.
Determine the variable overhead spending variance : Variable manufacturing overhead cost incurred was $108,500 and the fixed manufacturing overhead cost was $28,000. Determine variable overhead spending variance
How well did coke and pepsi do in managing inventory : What other thoughts do you have on how Coke and PEPSI did with inventory turnover and average days in inventory for 2020 and 2019?
Prepare journal entries to record transactions instalment : You returned to Mr. Jell for for a further update. Prepare journal entries, in proper format, to record all transactions the instalment on April 15.
Find the price USACo should charge : USACo, a U.S. corporation, manufactures and sells card tables in the United States. Find the price USACo should charge
Determine the basic earnings per share for tech-era : The company declared dividends for the preferred shares for all years due up to 2018. Determine the basic earnings per share for 2018
Compute the resulting gain or loss : Assume that Swanson & Hiller sells the machine on December 31 of the fourth year for $32,000 cash. Compute the resulting gain or loss

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd