Hormel Foods (BSP:H1RL34) Other Long Term Assets : R$2,841 Mil (As of Jan. 2024)

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What is Hormel Foods Other Long Term Assets?

Hormel Foods's other long-term assets for the quarter that ended in Jan. 2024 was R$2,841 Mil.

Hormel Foods's quarterly other long-term assets increased from Jul. 2023 (R$2,759 Mil) to Oct. 2023 (R$2,907 Mil) but then stayed the same from Oct. 2023 (R$2,907 Mil) to Jan. 2024 (R$2,841 Mil).

Hormel Foods's annual other long-term assets declined from Oct. 2021 (R$3,264 Mil) to Oct. 2022 (R$2,777 Mil) but then increased from Oct. 2022 (R$2,777 Mil) to Oct. 2023 (R$2,907 Mil).

Hormel Foods Other Long Term Assets Historical Data

The historical data trend for Hormel Foods's Other Long Term 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.

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Hormel Foods Other Long Term Assets Chart

Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Other Long Term Assets

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1,281.15

2,439.20

3,264.01

2,776.97

2,906.89

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Other Long Term Assets	Get a 7-Day Free Trial															2,778.11	2,848.00	2,758.77	2,906.89	2,841.42

Hormel Foods Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Hormel Foods (BSP:H1RL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (BSP:H1RL34) » Definitions » Other Long Term Assets

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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