Discontinued — last reported Q4 '23
Asia Pacific — Effect of foreign currency translation
Coca-Cola Asia Pacific — Effect of foreign currency translation remained flat by 0.0% to -$2.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from -$3.00M to -$2.75M. Over 2 years (FY 2021 to FY 2023), Asia Pacific — Effect of foreign currency translation shows a downward trend with a 35.4% CAGR.
Analysis
How to read this metric
Negative values indicate a strengthening reporting currency against local currencies, which reduces reported revenue and earnings.
Detailed definition
Measures the impact of fluctuations in exchange rates between the reporting currency and the local currencies of the Asi...
Peer comparison
Common for all global companies; peers with high exposure to emerging market currencies typically report higher volatility here.
ko_segment_asia_pacific_effect_of_foreign_currency_translationHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | -$6.00M | -$12.00M | -$11.00M |
| YoY Change | — | -100.0% | +8.3% |
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Frequently Asked Questions
- What is Coca-Cola's asia pacific — effect of foreign currency translation?
- Coca-Cola (KO) reported asia pacific — effect of foreign currency translation of -$2.75M in Q4 2023.
- How has Coca-Cola's asia pacific — effect of foreign currency translation changed year-over-year?
- Coca-Cola's asia pacific — effect of foreign currency translation increased by 8.3% year-over-year, from -$3.00M to -$2.75M.
- What is the long-term trend for Coca-Cola's asia pacific — effect of foreign currency translation?
- Over 2 years (2021 to 2023), Coca-Cola's asia pacific — effect of foreign currency translation has grown at a 35.4% compound annual growth rate (CAGR), from -$6.00M to -$11.00M.
- What does asia pacific — effect of foreign currency translation mean?
- The financial impact caused by changes in currency exchange rates on the Asia Pacific segment's reported results.