McCormick (McCormick) Accounts Payable & Accrued Expense

: $1,846 Mil (As of Feb. 2024)

View and export this data going back to 1987. Start your Free Trial

McCormick's quarterly accounts payable & accrued expense increased from Aug. 2023 ($1,779 Mil) to Nov. 2023 ($2,027 Mil) but then declined from Nov. 2023 ($2,027 Mil) to Feb. 2024 ($1,846 Mil).

McCormick's annual accounts payable & accrued expense increased from Nov. 2021 ($1,914 Mil) to Nov. 2022 ($1,925 Mil) and increased from Nov. 2022 ($1,925 Mil) to Nov. 2023 ($2,027 Mil).

McCormick Accounts Payable & Accrued Expense Historical Data

The historical data trend for McCormick's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McCormick Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

1,456.00

1,895.90

1,914.40

1,925.10

2,027.40

McCormick Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,735.00	1,741.20	1,779.20	2,027.40	1,845.90

McCormick Accounts Payable & Accrued Expense 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.

McCormick (McCormick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McCormick & Co Inc (NYSE:MKC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MKC.V:USA MCX0:Germany MCX:Germany MCX:Germany M1KC34:Brazil MKC:Austria

Address

24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031

Website

https://www.mccormickcorporation.com

In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the Cholula brand.

Executives

Jeffery D Schwartz	officer: Vice President, Gen Counsel	18 LOVETON CIRCLE, SPARKS MD 21152
Michael D Mangan	director	2041 ISLA VISTA LANE, NAPLES FL 34105
Jacques Tapiero	director	MCCORMICK & COMPANY, INC., SPARKS MD 21152
Andrew Foust	officer: President, Americas	24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Ana Sanchez	officer: President EMEA	24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Katherine Jenkins	officer: C.S.O. & SVP Investor Relation	24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Lawrence Erik Kurzius	director, officer: Chairman, President & CEO	18 LOVETON CIRCLE, SPARKS MD 21152
Sarah Piper	officer: Chief Human Relations Officer	24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Brendan M Foley	officer: President Global Consumer	18 LOVETON CIRCLE, SPARKS MD 21152
Preston Margaret M V	director	MERCANTILE-SAFE DEPOSIT & TRUST CO, 2 HOPKINS PLZ, BALTIMORE MD 21201
Michael R Smith	officer: Executive VP & CFO	18 LOVETON CIRCLE, SPARKS MD 21152
Patricia A Little	director	999 W BIG BEAVER ROAD, TROY MI 48084
Malcolm Swift	officer: President Global Industrial &	18 LOVETON CIRCLE, SPARKS MD 21152
Lisa Manzone	officer: Sr. VP Global Human Relations	18 LOVETON CIRCLE, SPARKS MD 21152
Maritza Gomez Montiel	director	C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014