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
DateValue
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