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Hormel Foods Corp  (NYSE:HRL) Accounts Payable & Accrued Expense: $878 Mil (As of Jul. 2017)

Hormel Foods Corp's quarterly accounts payable & accrued expense declined from Jan. 2017 ($920 Mil) to Apr. 2017 ($825 Mil) but then increased from Apr. 2017 ($825 Mil) to Jul. 2017 ($878 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).


Historical Data

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

* Premium members only.

Hormel Foods Corp Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 786.30 784.01 954.69 1,029.03 1,053.20

Hormel Foods Corp Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 983.73 1,053.20 919.76 824.59 877.77

Calculation

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.


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