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Hormel Foods (STU:HO7) Accounts Payable & Accrued Expense : €962 Mil (As of Apr. 2025)


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What is Hormel Foods Accounts Payable & Accrued Expense?

Hormel Foods's quarterly accounts payable & accrued expense increased from Oct. 2024 (€1,017 Mil) to Jan. 2025 (€1,057 Mil) but then declined from Jan. 2025 (€1,057 Mil) to Apr. 2025 (€962 Mil).

Hormel Foods's annual accounts payable & accrued expense declined from Oct. 2022 (€1,203 Mil) to Oct. 2023 (€1,040 Mil) and declined from Oct. 2023 (€1,040 Mil) to Oct. 2024 (€1,017 Mil).


Hormel Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hormel Foods'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.

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Hormel Foods Accounts Payable & Accrued Expense Chart

Hormel Foods Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 822.26 980.59 1,203.18 1,039.73 1,017.14

Hormel Foods Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 1,033.41 970.46 1,017.14 1,057.37 962.11

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 Business Description

Address
1 Hormel Place, Austin, MN, USA, 55912-3680
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 US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. 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.

Hormel Foods Headlines

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