Hormel Foods (BSP:H1RL34) Other Current Liabilities : R$1,046 Mil (As of Jan. 2024)

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What is Hormel Foods Other Current Liabilities?

Hormel Foods's other current liabilities for the quarter that ended in Jan. 2024 was R$1,046 Mil.

Hormel Foods's quarterly other current liabilities increased from Jul. 2023 (R$1,161 Mil) to Oct. 2023 (R$1,331 Mil) but then declined from Oct. 2023 (R$1,331 Mil) to Jan. 2024 (R$1,046 Mil).

Hormel Foods's annual other current liabilities declined from Oct. 2021 (R$1,493 Mil) to Oct. 2022 (R$1,466 Mil) and declined from Oct. 2022 (R$1,466 Mil) to Oct. 2023 (R$1,331 Mil).

Hormel Foods Other Current Liabilities Historical Data

The historical data trend for Hormel Foods's Other Current Liabilities 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 Other Current Liabilities Chart

Hormel Foods Annual Data

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Other Current Liabilities

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Hormel Foods Quarterly Data
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Hormel Foods Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Hormel Foods Other Current Liabilities 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 » Other Current Liabilities

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.

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