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GuruFocus has detected 1 Warning Sign with Hormel Foods Corp $HRL.
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Hormel Foods Corp (NYSE:HRL)
Accounts Payable & Accrued Expense
$825 Mil (As of Apr. 2017)

Hormel Foods Corp's quarterly accounts payable & accrued expense declined from Oct. 2016 ($1,053 Mil) to Jan. 2017 ($920 Mil) and declined from Jan. 2017 ($920 Mil) to Apr. 2017 ($825 Mil).

Hormel Foods Corp's annual accounts payable & accrued expense increased from Oct. 2014 ($955 Mil) to Oct. 2015 ($1,029 Mil) and increased from Oct. 2015 ($1,029 Mil) to Oct. 2016 ($1,053 Mil).


Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Hormel Foods Corp Annual Data

Accounts Payable & Accrued Expense 5956816857517787867849551,0291,053

Hormel Foods Corp Quarterly Data

Accounts Payable & Accrued Expense 9378708951,0291,0209379841,053920825
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