Conagra Brands (CAG) Change in Receivables (2009 - 2024)
Conagra Brands (CAG) recorded quarterly Change in Receivables of -$51.7 million in Q2 2024, up 6.51% quarter-over-quarter from -$55.3 million in Q1 2024, and down 1057.41% on a YoY basis from $5.4 million in Q2 2023.
Conagra Brands (CAG) Change in Receivables (2009 - 2024) Analysis & Trends
Conagra Brands' Change in Receivables history runs 16 years deep, the most recent figure standing at -$51.7 million for Q2 2024.
- In Q2 2024, Change in Receivables fell 1057.41% year-over-year to -$51.7 million; the TTM figure through May 2024 stood at -$77.2 million (down 175.61% YoY), while the FY2025 annual figure was -$173.8 million, down 125.13% from the prior year.
- Change in Receivables was -$51.7 million for Q2 2024 at Conagra Brands, up from -$55.3 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $142.8 million in Q4 2021 to a low of -$106.8 million in Q1 2021.
- Historically, Change in Receivables has averaged -$3.1 million across 5 years, with a median of -$21.1 million in 2021.
- The sharpest annual moves came in 2023 and 2024: Change in Receivables jumped 180.83% in 2023, then plunged 1057.41% in 2024.
- A 5-year view of Change in Receivables shows it stood at $140.7 million in 2020, then increased by 1.49% to $142.8 million in 2021, then slipped by 12.61% to $124.8 million in 2022, then tumbled by 85.02% to $18.7 million in 2023, then sank by 376.47% to -$51.7 million in 2024.
- The last three Change in Receivables figures came in at -$51.7 million (Q2 2024), -$55.3 million (Q1 2024), and $18.7 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 | 73.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | -50.40 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | 331.07 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 26.91 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | -18.70 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -30.30 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 | -51.70 Mn |
| May 26, 2024 | -51.70 Mn |
| Feb 25, 2024 | -55.30 Mn |
| Feb 25, 2024 | -55.30 Mn |
| Nov 26, 2023 | 18.70 Mn |
| Nov 26, 2023 | 18.70 Mn |
| Aug 27, 2023 | 11.10 Mn |
| Aug 27, 2023 | 11.10 Mn |
| May 28, 2023 | 5.40 Mn |
| May 28, 2023 | 5.40 Mn |
| Feb 26, 2023 | 50.60 Mn |
| Feb 26, 2023 | 50.60 Mn |
| Nov 27, 2022 | 124.80 Mn |
| Nov 27, 2022 | 124.80 Mn |
| Aug 28, 2022 | -78.70 Mn |
| Aug 28, 2022 | -78.70 Mn |
| May 29, 2022 | -51.20 Mn |
| May 29, 2022 | -51.20 Mn |
| Feb 27, 2022 | -62.60 Mn |
| Feb 27, 2022 | -62.60 Mn |