Conagra Brands (CAG) Change in Receivables (2009 - 2024)
Conagra Brands (CAG) posted quarterly Change in Receivables of -$51.7 million for Q2 2024, down 1057.41% year-over-year from $5.4 million in Q2 2023, and up 6.51% quarter-over-quarter from -$55.3 million in Q1 2024.
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 FY2026 annual figure was -$35.0 million, up 79.86% from the prior year.
- Change in Receivables for Q2 2024 stood at -$51.7 million, up from -$55.3 million in the prior quarter.
- The five-year high for Change in Receivables was $142.8 million in Q4 2021, with the low at -$106.8 million in Q1 2021.
- The 5-year median for Change in Receivables is -$21.1 million (2021), against an average of -$3.1 million.
- The sharpest annual moves came in 2023 and 2024: Change in Receivables soared 180.83% in 2023, then tumbled 1057.41% in 2024.
- Conagra Brands' Change in Receivables stood at $140.7 million in 2020, then grew by 1.49% to $142.8 million in 2021, then decreased by 12.61% to $124.8 million in 2022, then slumped by 85.02% to $18.7 million in 2023, then plunged by 376.47% to -$51.7 million in 2024.
- Business Quant data shows CAG's Change in Receivables at -$51.7 million in Q2 2024, -$55.3 million in Q1 2024, and $18.7 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -12.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -56.20 Mn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | -110.70 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 683.56 Mn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 10.60 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 26.91 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 59.01 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 | -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 |