Conagra Brands (CAG) Change in Accured Expenses (2009 - 2024)
Conagra Brands (CAG) recorded quarterly Change in Accured Expenses of -$96.2 million in Q2 2024, down 279.48% quarter-over-quarter from $53.6 million in Q1 2024, and down 21.62% on a YoY basis from -$122.7 million in Q2 2023.
Conagra Brands (CAG) Change in Accured Expenses (2009 - 2024) Analysis & Trends
Conagra Brands' Change in Accured Expenses history runs 16 years deep, the most recent figure standing at -$96.2 million for Q2 2024.
- In Q2 2024, Change in Accured Expenses fell 21.62% year-over-year to -$96.2 million; the TTM figure through May 2024 stood at -$20.0 million (down 173.97% YoY), while the FY2025 annual figure was -$900000.0, up 95.5% from the prior year.
- Change in Accured Expenses was -$96.2 million for Q2 2024 at Conagra Brands, down from $53.6 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $104.0 million in Q1 2023 to a low of -$112.9 million in Q4 2022.
- Historically, Change in Accured Expenses has averaged -$405555.6 across 5 years, with a median of $15.0 million in 2020.
- Biggest YoY gain for Change in Accured Expenses was 412.31% in 2023; the steepest drop was 988.76% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at $21.1 million in 2020, then surged by 233.65% to $70.4 million in 2021, then sank by 260.37% to -$112.9 million in 2022, then surged by 34.46% to -$74.0 million in 2023, then retreated by 30.0% to -$96.2 million in 2024.
- The last three Change in Accured Expenses figures came in at -$96.2 million (Q2 2024), $53.6 million (Q1 2024), and -$74.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 142.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | -142.30 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -178.36 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 37.63 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | - |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -140.10 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 | -96.20 Mn |
| May 26, 2024 | -96.20 Mn |
| Feb 25, 2024 | 53.60 Mn |
| Feb 25, 2024 | 53.60 Mn |
| Nov 26, 2023 | -74.00 Mn |
| Nov 26, 2023 | -74.00 Mn |
| Aug 27, 2023 | 96.60 Mn |
| Aug 27, 2023 | 96.60 Mn |
| May 28, 2023 | -79.10 Mn |
| May 28, 2023 | -79.10 Mn |
| Feb 26, 2023 | 104.00 Mn |
| Feb 26, 2023 | 104.00 Mn |
| Nov 27, 2022 | -112.90 Mn |
| Nov 27, 2022 | -112.90 Mn |
| Aug 28, 2022 | 80.70 Mn |
| Aug 28, 2022 | 80.70 Mn |
| May 29, 2022 | 8.90 Mn |
| May 29, 2022 | 8.90 Mn |
| Feb 27, 2022 | -33.30 Mn |
| Feb 27, 2022 | -33.30 Mn |