Hormel Foods (BSP:H1RL34) Accounts Payable : R$3,660 Mil (As of Jan. 2024)

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What is Hormel Foods Accounts Payable?

Hormel Foods's Accounts Payable for the quarter that ended in Jan. 2024 was R$3,660 Mil.

Hormel Foods's quarterly Accounts Payable increased from Jul. 2023 (R$3,377 Mil) to Oct. 2023 (R$3,900 Mil) but then declined from Oct. 2023 (R$3,900 Mil) to Jan. 2024 (R$3,660 Mil).

Hormel Foods's annual Accounts Payable declined from Oct. 2021 (R$4,396 Mil) to Oct. 2022 (R$4,289 Mil) and declined from Oct. 2022 (R$4,289 Mil) to Oct. 2023 (R$3,900 Mil).

Hormel Foods Accounts Payable Historical Data

The historical data trend for Hormel Foods's Accounts Payable 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 Chart

Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable

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2,408.81

3,626.12

4,396.21

4,288.89

3,900.11

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable	Get a 7-Day Free Trial															3,969.57	3,767.61	3,376.71	3,900.11	3,659.71

Hormel Foods Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Hormel Foods Accounts Payable 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 » Accounts Payable

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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