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McCormick's other current assets for the quarter that ended in May. 2026 was MXN5,892 Mil.
McCormick's quarterly other current assets
increased
from Nov. 2025 (MXN2,589 Mil) to Feb. 2026 (MXN4,062 Mil) and
increased
from Feb. 2026 (MXN4,062 Mil) to May. 2026 (MXN5,892Mil).
McCormick's annual other current assets
increased
from Nov. 2023 (MXN2,102 Mil) to Nov. 2024 (MXN2,560 Mil)
increased
from Nov. 2024 (MXN2,560 Mil) to Nov. 2025 (MXN2,589 Mil).
McCormick Other Current Assets Related Terms
McCormick Other Current Assets Historical Data
* Premium members only.
The historical data trend for McCormick's Other Current Assets 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.
Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:
Cash
Trade Receivables
Inventory
The assets grouped under other current assets are most commonly:
Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)
Some companies can and do choose to report each of these items separately.
Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.
Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.
Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.
Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.
There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.
At most companies, other current assets are a small and unimportant part of the total balance sheet.
What does a Other Current Assets of MXN5,892 Mil mean?
McCormick (MEX:MKC) has a Other Current Assets of MXN5,892 Mil as of May. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on McCormick.
Is McCormick's Other Current Assets too high?
McCormick's current Other Current Assets is MXN5,892 Mil. Overall, McCormick has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McCormick's Other Current Assets compare to JBS and HRL?
McCormick's Other Current Assets of MXN5,892 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Consumer Packaged Goods company?
A good Other Current Assets depends on the Consumer Packaged Goods industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on McCormick. McCormick's current Other Current Assets is MXN5,892 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCormick stock overvalued right now?
Based on GuruFocus' analysis, McCormick (MEX:MKC) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,355.07, compared to a current price of MXN932.00 — trading 31.2% below its estimated fair value. The current Other Current Assets is MXN5,892 Mil. McCormick's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For McCormick (MEX:MKC), the current Other Current Assets is MXN5,892 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McCormick (MEX:MKC) Overvalued in 2026?
Based on GuruFocus' analysis, McCormick stock appears to be undervalued.
The current stock price of MXN932.00 is trading 31.2% below its estimated GF Value™ of MXN1,355.07.
GuruFocus considers McCormick to be Significantly Undervalued.
Key valuation signals for MEX:MKC:
Other Current Assets: MXN5,892 Mil
GF Value™: MXN1,355.07 vs. price of MXN932.00 (31.2% below fair value)
No single metric tells the full story. See the MEX:MKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.
65GF Score
Get the complete analysis for MEX:MKC
Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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