Hormel Foods (WBO:HRL) Change In Payables And Accrued Expense : €-109 Mil (TTM As of Jan. 2024)

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What is Hormel Foods Change In Payables And Accrued Expense?

Hormel Foods's Change In Payables And Accrued Expense for the quarter that ended in Jan. 2024 was €-63 Mil. It means Hormel Foods's Accounts Payable & Accrued Expense declined by €63 Mil from Oct. 2023 to Jan. 2024 .

Hormel Foods's Change In Payables And Accrued Expense for the fiscal year that ended in Oct. 2023 was €-151 Mil. It means Hormel Foods's Accounts Payable & Accrued Expense declined by €151 Mil from Oct. 2022 to Oct. 2023 .

Hormel Foods Change In Payables And Accrued Expense Historical Data

The historical data trend for Hormel Foods's Change In Payables And 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 Change In Payables And Accrued Expense Chart

Hormel Foods Annual Data

Trend

Oct14

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Oct23

Change In Payables And Accrued Expense

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-54.27

82.44

130.95

-3.70

-150.65

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-103.50	-74.71	68.47	-39.17	-63.23

Hormel Foods Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense 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 €-109 Mil.

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Hormel Foods (WBO:HRL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HRL:USA HRL:Mexico HO7:Germany HO7:Germany H1RL34:Brazil

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.