Conagra Brands (CAG) Change in Accured Expenses (2009 - 2024)
Conagra Brands' (CAG) quarterly Change in Accured Expenses came in at -$96.2 million in Q2 2024, down 1986.27% year-on-year from $5.1 million in Q2 2023, and down 279.48% quarter-over-quarter from $53.6 million in Q1 2024.
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.
- On a quarterly basis, Change in Accured Expenses fell 1986.27% year-over-year to -$96.2 million in Q2 2024; TTM through May 2024 was -$20.0 million, a 260.0% decrease from a year earlier, with the FY2026 full-year figure at $58.4 million, up 6588.89% from the prior year.
- Change in Accured Expenses declined to -$96.2 million in Q2 2024 per CAG's latest filing, from $53.6 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $71.6 million in Q4 2023 and bottomed at -$114.3 million in Q4 2021.
- The 5-year median for Change in Accured Expenses is $11.5 million (2022), against an average of -$4.1 million.
- Across the five-year window, Change in Accured Expenses surged 656.41% in 2020 and tumbled 1986.27% in 2024, its largest moves.
- Year by year, Change in Accured Expenses stood at -$94.6 million in 2020, then slipped by 20.82% to -$114.3 million in 2021, then surged by 112.42% to $14.2 million in 2022, then surged by 404.23% to $71.6 million in 2023, then sank by 234.36% to -$96.2 million in 2024.
- Per Business Quant, the three latest CAG Change in Accured Expenses figures stand at -$96.2 million (Q2 2024), $53.6 million (Q1 2024), and $71.6 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 31.14 Bn | 27.04 Bn | 2.22 Bn | 142.00 Mn |
| 2 | General Mills | 19.74 Bn | 19.29 Bn | 1.60 Bn | -220.00 Mn |
| 3 | Hormel Foods | 14.37 Bn | 13.51 Bn | 518.51 Mn | 37.63 Mn |
| 4 | Mccormick | 13.65 Bn | 13.31 Bn | 778.20 Mn | - |
| 5 | Magnum Ice Cream | 11.12 Bn | 10.60 Bn | - | - |
| 6 | Smithfield Foods | 10.50 Bn | 9.12 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 9.56 Bn | 9.45 Bn | 404.92 Mn | 19.94 Mn |
| 8 | Oatly Group AB | 9.05 Bn | 9.01 Bn | 81.36 Mn | - |
| 9 | Lamb Weston Holdings | 7.41 Bn | 7.34 Bn | 361.40 Mn | 24.10 Mn |
| 10 | Conagra Brands | 7.31 Bn | 7.09 Bn | 704.10 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 | 71.60 Mn |
| Nov 26, 2023 | 71.60 Mn |
| Aug 27, 2023 | -49.00 Mn |
| Aug 27, 2023 | -49.00 Mn |
| May 28, 2023 | 5.10 Mn |
| May 28, 2023 | 5.10 Mn |
| Feb 26, 2023 | 39.60 Mn |
| Feb 26, 2023 | 39.60 Mn |
| Nov 27, 2022 | 14.20 Mn |
| Nov 27, 2022 | 14.20 Mn |
| Aug 28, 2022 | -46.40 Mn |
| Aug 28, 2022 | -46.40 Mn |
| May 29, 2022 | 8.90 Mn |
| May 29, 2022 | 8.90 Mn |
| Feb 27, 2022 | 28.20 Mn |
| Feb 27, 2022 | 28.20 Mn |