Conagra Brands (CAG) Change in Account Payables (2009 - 2024)
Conagra Brands' (CAG) quarterly Change in Account Payables came in at $13.8 million in Q2 2024, up 115.16% year-on-year from $6.4 million in Q2 2023, and up 131.22% quarter-over-quarter from -$44.2 million in Q1 2024.
Conagra Brands (CAG) Change in Account Payables (2009 - 2024) Analysis & Trends
Conagra Brands' Change in Account Payables history runs 16 years deep, the most recent figure standing at $13.8 million for Q2 2024.
- On a quarterly basis, Change in Account Payables rose 115.16% year-over-year to $13.8 million in Q2 2024; TTM through May 2024 was -$22.7 million, a 90.88% increase from a year earlier, with the FY2026 full-year figure at -$56.0 million, down 212.9% from the prior year.
- Change in Account Payables rose to $13.8 million in Q2 2024 per CAG's latest filing, from -$44.2 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $235.6 million in Q2 2022 and bottomed at -$149.2 million in Q4 2022.
- The 5-year median for Change in Account Payables is $8.0 million (2022), against an average of $6.7 million.
- Across the five-year window, Change in Account Payables surged 211.54% in 2021 and plunged 2390.48% in 2023, its largest moves.
- Year by year, Change in Account Payables stood at $90.4 million in 2020, then plunged by 187.28% to -$78.9 million in 2021, then slumped by 89.1% to -$149.2 million in 2022, then soared by 50.6% to -$73.7 million in 2023, then jumped by 118.72% to $13.8 million in 2024.
- Per Business Quant, the three latest CAG Change in Account Payables figures stand at $13.8 million (Q2 2024), -$44.2 million (Q1 2024), and -$73.7 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 256.00 Mn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 164.20 Mn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | - |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 128.90 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | - |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | - |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 6.60 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 26, 2024 | 13.80 Mn |
| May 26, 2024 | 13.80 Mn |
| Feb 25, 2024 | -44.20 Mn |
| Feb 25, 2024 | -44.20 Mn |
| Nov 26, 2023 | -73.70 Mn |
| Nov 26, 2023 | -73.70 Mn |
| Aug 27, 2023 | 81.40 Mn |
| Aug 27, 2023 | 81.40 Mn |
| May 28, 2023 | -91.00 Mn |
| May 28, 2023 | -91.00 Mn |
| Feb 26, 2023 | -48.10 Mn |
| Feb 26, 2023 | -48.10 Mn |
| Nov 27, 2022 | -149.20 Mn |
| Nov 27, 2022 | -149.20 Mn |
| Aug 28, 2022 | 39.40 Mn |
| Aug 28, 2022 | 39.40 Mn |
| May 29, 2022 | 235.60 Mn |
| May 29, 2022 | 235.60 Mn |
| Feb 27, 2022 | 2.10 Mn |
| Feb 27, 2022 | 2.10 Mn |