Conagra Brands (CAG) Change in Account Payables (2009 - 2024)
Conagra Brands (CAG) recorded quarterly Change in Account Payables of $13.8 million in Q2 2024, up 131.22% quarter-over-quarter from -$44.2 million in Q1 2024, and up 115.16% on a YoY basis from $6.4 million in Q2 2023.
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.
- In Q2 2024, Change in Account Payables rose 115.16% year-over-year to $13.8 million; the TTM figure through May 2024 stood at -$22.7 million (up 90.88% YoY), while the FY2025 annual figure was $49.6 million, up 318.5% from the prior year.
- Change in Account Payables was $13.8 million for Q2 2024 at Conagra Brands, up from -$44.2 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $235.6 million in Q2 2022 to a low of -$149.2 million in Q4 2022.
- Historically, Change in Account Payables has averaged $6.7 million across 5 years, with a median of $8.0 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Change in Account Payables soared 211.54% in 2021, then plunged 2390.48% in 2023.
- A 5-year view of Change in Account Payables shows it stood at $90.4 million in 2020, then slumped by 187.28% to -$78.9 million in 2021, then plunged 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.
- The last three Change in Account Payables figures came in at $13.8 million (Q2 2024), -$44.2 million (Q1 2024), and -$73.7 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | 2.66 Mn |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 256.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | -332.20 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -799.31 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | - |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | -98.70 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 10.20 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | - |
| 10 | Conagra Brands | 6.23 Bn | 6.18 Bn | 657.70 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 |