Conagra Brands (CAG) Change in Accured Expenses (2009 - 2024)
Conagra Brands (CAG) posted quarterly Change in Accured Expenses of -$96.2 million for Q2 2024, down 1986.27% year-over-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.
- In Q2 2024, Change in Accured Expenses fell 1986.27% year-over-year to -$96.2 million; the TTM figure through May 2024 stood at -$20.0 million (down 260.0% YoY), while the FY2026 annual figure was $58.4 million, up 6588.89% from the prior year.
- Change in Accured Expenses for Q2 2024 stood at -$96.2 million, down from $53.6 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $71.6 million in Q4 2023, with the low 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.
- The sharpest annual moves came in 2020 and 2024: Change in Accured Expenses surged 656.41% in 2020, then slumped 1986.27% in 2024.
- Conagra Brands' Change in Accured Expenses stood at -$94.6 million in 2020, then decreased by 20.82% to -$114.3 million in 2021, then jumped by 112.42% to $14.2 million in 2022, then jumped by 404.23% to $71.6 million in 2023, then slumped by 234.36% to -$96.2 million in 2024.
- Business Quant data shows CAG's Change in Accured Expenses at -$96.2 million in Q2 2024, $53.6 million in Q1 2024, and $71.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 176.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -220.00 Mn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | - |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 36.30 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 37.63 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 87.81 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 | -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 |