Conagra Brands (CAG) Change in Account Payables (2009 - 2024)
Conagra Brands (CAG) posted quarterly Change in Account Payables of $13.8 million for Q2 2024, up 115.16% year-over-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.
- 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 FY2026 annual figure was -$56.0 million, down 212.9% from the prior year.
- Change in Account Payables for Q2 2024 stood at $13.8 million, up from -$44.2 million in the prior quarter.
- The five-year high for Change in Account Payables was $235.6 million in Q2 2022, with the low 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.
- The sharpest annual moves came in 2021 and 2023: Change in Account Payables surged 211.54% in 2021, then tumbled 2390.48% in 2023.
- Conagra Brands' Change in Account Payables stood at $90.4 million in 2020, then sank by 187.28% to -$78.9 million in 2021, then tumbled by 89.1% to -$149.2 million in 2022, then surged by 50.6% to -$73.7 million in 2023, then soared by 118.72% to $13.8 million in 2024.
- Business Quant data shows CAG's Change in Account Payables at $13.8 million in Q2 2024, -$44.2 million in Q1 2024, and -$73.7 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 136.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 164.20 Mn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 128.90 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | -437.71 Mn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 38.80 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | - |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 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 |