Total Asset Turnover
since 2005
Calculation
Coca-Cola Co., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net operating revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.47 | = | 45,754) | ÷ | 97,703) |
| Dec 31, 2022 | 0.46 | = | 43,004) | ÷ | 92,763) |
| Dec 31, 2021 | 0.41 | = | 38,655) | ÷ | 94,354) |
| Dec 31, 2020 | 0.38 | = | 33,014) | ÷ | 87,296) |
| Dec 31, 2019 | 0.43 | = | 37,266) | ÷ | 86,381) |
| Dec 31, 2018 | 0.38 | = | 31,856) | ÷ | 83,216) |
| Dec 31, 2017 | 0.40 | = | 35,410) | ÷ | 87,896) |
| Dec 31, 2016 | 0.48 | = | 41,863) | ÷ | 87,270) |
| Dec 31, 2015 | 0.49 | = | 44,294) | ÷ | 90,093) |
| Dec 31, 2014 | 0.50 | = | 45,998) | ÷ | 92,023) |
| Dec 31, 2013 | 0.52 | = | 46,854) | ÷ | 90,055) |
| Dec 31, 2012 | 0.56 | = | 48,017) | ÷ | 86,174) |
| Dec 31, 2011 | 0.58 | = | 46,542) | ÷ | 79,974) |
| Dec 31, 2010 | 0.48 | = | 35,119) | ÷ | 72,921) |
| Dec 31, 2009 | 0.64 | = | 30,990) | ÷ | 48,671) |
| Dec 31, 2008 | 0.79 | = | 31,944) | ÷ | 40,519) |
| Dec 31, 2007 | 0.67 | = | 28,857) | ÷ | 43,269) |
| Dec 31, 2006 | 0.80 | = | 24,088) | ÷ | 29,963) |
| Dec 31, 2005 | 0.79 | = | 23,104) | ÷ | 29,427) |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Coca-Cola Co., total asset turnover, long-term trends, comparison to competitors
| Coca-Cola Co. | Altria Group Inc. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.47 | 0.63 | 0.50 | 0.91 | 0.54 |
| Dec 31, 2022 | 0.46 | 0.68 | 0.44 | 0.94 | 0.51 |
| Dec 31, 2021 | 0.41 | 0.66 | 0.43 | 0.86 | 0.76 |
| Dec 31, 2020 | 0.38 | 0.55 | 0.39 | 0.76 | 0.64 |
| Dec 31, 2019 | 0.43 | 0.51 | 0.40 | 0.86 | 0.70 |
| Dec 31, 2018 | 0.38 | 0.46 | 0.41 | 0.83 | 0.74 |
| Dec 31, 2017 | 0.40 | 0.59 | 0.41 | 0.80 | 0.67 |
| Dec 31, 2016 | 0.48 | 0.56 | 0.42 | 0.85 | 0.72 |
| Dec 31, 2015 | 0.49 | 0.78 | 0.47 | 0.91 | 0.79 |
| Dec 31, 2014 | 0.50 | 0.71 | 0.51 | 0.95 | 0.85 |
| Dec 31, 2013 | 0.52 | 0.70 | 0.49 | 0.86 | 0.82 |
| Dec 31, 2012 | 0.56 | 0.70 | 0.46 | 0.88 | 0.83 |
| Dec 31, 2011 | 0.58 | 0.64 | 0.58 | 0.91 | 0.88 |
| Dec 31, 2010 | 0.48 | 0.65 | 0.52 | 0.85 | 0.78 |
| Dec 31, 2009 | 0.64 | 0.64 | 0.61 | 1.08 | 0.72 |
| Dec 31, 2008 | 0.79 | 0.71 | 0.67 | 1.20 | 0.78 |
| Dec 31, 2007 | 0.67 | 1.29 | 0.55 | 1.14 | — |
| Dec 31, 2006 | 0.80 | 0.97 | 0.62 | 1.17 | — |
| Dec 31, 2005 | 0.79 | 0.91 | 0.59 | 1.03 | — |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Coca-Cola Co., total asset turnover, long-term trends, comparison to sector (food, beverage & tobacco)
| Coca-Cola Co. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 0.47 | 0.62 |
| Dec 31, 2022 | 0.46 | 0.61 |
| Dec 31, 2021 | 0.41 | 0.61 |
| Dec 31, 2020 | 0.38 | 0.54 |
| Dec 31, 2019 | 0.43 | 0.58 |
| Dec 31, 2018 | 0.38 | 0.56 |
| Dec 31, 2017 | 0.40 | 0.57 |
| Dec 31, 2016 | 0.48 | 0.60 |
| Dec 31, 2015 | 0.49 | 0.65 |
| Dec 31, 2014 | 0.50 | 0.67 |
| Dec 31, 2013 | 0.52 | 0.65 |
| Dec 31, 2012 | 0.56 | 0.66 |
| Dec 31, 2011 | 0.58 | 0.70 |
| Dec 31, 2010 | 0.48 | 0.63 |
| Dec 31, 2009 | 0.64 | 0.72 |
| Dec 31, 2008 | 0.79 | 0.81 |
| Dec 31, 2007 | 0.67 | 0.88 |
| Dec 31, 2006 | 0.80 | 0.89 |
| Dec 31, 2005 | 0.79 | 0.83 |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Coca-Cola Co., total asset turnover, long-term trends, comparison to industry (consumer staples)
| Coca-Cola Co. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 0.47 | 1.47 |
| Dec 31, 2022 | 0.46 | 1.43 |
| Dec 31, 2021 | 0.41 | 1.37 |
| Dec 31, 2020 | 0.38 | 1.28 |
| Dec 31, 2019 | 0.43 | 1.33 |
| Dec 31, 2018 | 0.38 | 1.32 |
| Dec 31, 2017 | 0.40 | 1.30 |
| Dec 31, 2016 | 0.48 | 1.30 |
| Dec 31, 2015 | 0.49 | 1.34 |
| Dec 31, 2014 | 0.50 | 1.30 |
| Dec 31, 2013 | 0.52 | 1.27 |
| Dec 31, 2012 | 0.56 | 1.27 |
| Dec 31, 2011 | 0.58 | 1.24 |
| Dec 31, 2010 | 0.48 | 1.21 |
| Dec 31, 2009 | 0.64 | 1.31 |
| Dec 31, 2008 | 0.79 | 1.32 |
| Dec 31, 2007 | 0.67 | 1.31 |
| Dec 31, 2006 | 0.80 | 1.26 |
| Dec 31, 2005 | 0.79 | 1.37 |
Based on: 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).