Hormel Foods (BSP:H1RL34) Accumulated Depreciation : R$-11,708 Mil (As of Jan. 2024)

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What is Hormel Foods Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Hormel Foods's quarterly accumulated depreciation increased from Jul. 2023 (R$-11,047 Mil) to Oct. 2023 (R$-11,854 Mil) but then stayed the same from Oct. 2023 (R$-11,854 Mil) to Jan. 2024 (R$-11,708 Mil).

Hormel Foods's annual accumulated depreciation increased from Oct. 2021 (R$-11,235 Mil) to Oct. 2022 (R$-11,472 Mil) and increased from Oct. 2022 (R$-11,472 Mil) to Oct. 2023 (R$-11,854 Mil).

Hormel Foods Accumulated Depreciation Historical Data

The historical data trend for Hormel Foods's Accumulated Depreciation 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 Accumulated Depreciation Chart

Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accumulated Depreciation

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-7,047.28

-10,515.00

-11,235.12

-11,472.26

-11,853.85

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accumulated Depreciation	Get a 7-Day Free Trial															-11,546.93	-11,334.55	-11,046.76	-11,853.85	-11,708.42

Hormel Foods Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Hormel Foods Accumulated Depreciation Related Terms

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Hormel Foods (BSP:H1RL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (BSP:H1RL34) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

HRL:USA HRL:Mexico HO7:Germany 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.

Hormel Foods (BSP:H1RL34) Headlines

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