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Hormel Foods Accounts Payable & Accrued Expense

: $823 Mil (As of Jan. 2020)
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Hormel Foods's quarterly accounts payable & accrued expense increased from Jul. 2019 ($855 Mil) to Oct. 2019 ($867 Mil) but then declined from Oct. 2019 ($867 Mil) to Jan. 2020 ($823 Mil).

Hormel Foods's annual accounts payable & accrued expense increased from Oct. 2017 ($822 Mil) to Oct. 2018 ($890 Mil) but then declined from Oct. 2018 ($890 Mil) to Oct. 2019 ($867 Mil).


Hormel Foods Accounts Payable & Accrued Expense Historical Data

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

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Hormel Foods Annual Data
Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 759.71 765.15 822.07 889.58 867.26

Hormel Foods Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20
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 875.48 844.02 854.52 867.26 822.78

Hormel Foods 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.


Hormel Foods Accounts Payable & Accrued Expense Headlines

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