Hormel Foods (Hormel Foods) Cash Flow from Operations

: $1,248 Mil (TTM As of Jan. 2024)

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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Jan. 2024, Hormel Foods's Net Income From Continuing Operations was $219 Mil. Its Depreciation, Depletion and Amortization was $64 Mil. Its Change In Working Capital was $115 Mil. Its cash flow from deferred tax was $-0 Mil. Its Cash from Discontinued Operating Activities was $0 Mil. Its Asset Impairment Charge was $0 Mil. Its Stock Based Compensation was $4 Mil. And its Cash Flow from Others was $2 Mil. In all, Hormel Foods's Cash Flow from Operations for the three months ended in Jan. 2024 was $404 Mil.

Hormel Foods Cash Flow from Operations Historical Data

The historical data trend for Hormel Foods's Cash Flow from Operations 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.

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Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash Flow from Operations

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923.00

1,128.02

1,001.93

1,134.98

1,047.85

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash Flow from Operations	Get a 7-Day Free Trial															203.63	208.13	317.00	319.09	403.98

Hormel Foods Cash Flow from Operations Calculation

Hormel Foods's Cash Flow from Operations for the fiscal year that ended in Oct. 2023 is calculated as:

	Cash Flow from Operations		(A: Oct. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	792.92	+	253.311	+	-124.758	+	31.794
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	28.383	+	24.08	+	42.117
=	1,048

Hormel Foods's Cash Flow from Operations for the quarter that ended in Jan. 2024 is:

	Cash Flow from Operations		(Q: Jan. 2024 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	218.729	+	64.067	+	115.401	+	-0.179
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	0	+	4.44	+	1.522
=	404

Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,248 Mil.

Hormel Foods (NYSE:HRL) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Hormel Foods's net income from continuing operations for the three months ended in Jan. 2024 was $219 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Hormel Foods's depreciation, depletion and amortization for the three months ended in Jan. 2024 was $64 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Hormel Foods's change in working capital for the three months ended in Jan. 2024 was $115 Mil. It means Hormel Foods's working capital increased by $115 Mil from Oct. 2023 to Jan. 2024 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Hormel Foods's cash flow from deferred tax for the three months ended in Jan. 2024 was $-0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Hormel Foods's cash from discontinued operating Activities for the three months ended in Jan. 2024 was $0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Hormel Foods's asset impairment charge for the three months ended in Jan. 2024 was $0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Hormel Foods's stock based compensation for the three months ended in Jan. 2024 was $4 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Hormel Foods's cash flow from others for the three months ended in Jan. 2024 was $2 Mil.

Hormel Foods Cash Flow from Operations Related Terms

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Hormel Foods (Hormel Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (NYSE:HRL) » Definitions » Cash Flow from Operations

Comparable Companies

Traded in Other Exchanges

HRL:Mexico HO7:Germany HO7:Germany H1RL34:Brazil HRL:Austria

Address

1 Hormel Place, Austin, MN, USA, 55912-3680

Website

https://www.hormelfoods.com

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

Executives

Susan K Nestegard	director	AMERICAN CAPITAL, LTD., 2 BETHESDA METRO, 14TH FLOOR, BETHESDA MD 20814
Kevin L Myers	officer: Vice President	1 HORMEL PLACE, AUSTIN MN 55912
Deanna T Brady	officer: Vice President	1 HORMEL STREET, AUSTIN MN 55912
Elsa A Murano	director	1 HORMEL PLACE, AUSTIN MN 55912-3680
Pierre M Lilly	officer: SVP & Chief Compliance Officer	1 HORMEL PLACE, AUSTIN MN 55912
Mark J Ourada	officer: Group Vice President	1 HORMEL PLACE, AUSTIN MN 55912
Mark A Coffey	officer: Vice President	1 HORMEL PLACE, AUSTIN MN 55912
Prado Becerra Jose Luis	director	50 S. LASALLE STREET, CHICAGO IL 60603
Ray G Young	director	77 WEST WACKER DR., SUITE 4600, CHICAGO IL 60601
Michael Paul Zechmeister	director	C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Patrick J Connor	officer: Vice President	1 HORMEL PLACE, AUSTIN MN 55912
James P Snee	officer: Vice President	1 HORMEL PLACE, AUSTIN MN 55912
Katherine M Losness-larson	officer: Senior Vice President	1 HORMEL PLACE, AUSTIN MN 55912
Florence Makope	officer: Vice President and Treasurer	1 HORMEL PLACE, AUSTIN MN 55912
Christopher J. Policinski	director	4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126