Conagra Brands (CAG) Change in Receivables (2009 - 2024)

Conagra Brands' (CAG) quarterly Change in Receivables came in at -$51.7 million in Q2 2024, down 1057.41% year-on-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.

  • On a quarterly basis, Change in Receivables fell 1057.41% year-over-year to -$51.7 million in Q2 2024; TTM through May 2024 was -$77.2 million, a 175.61% decrease from a year earlier, with the FY2026 full-year figure at -$35.0 million, up 79.86% from the prior year.
  • Change in Receivables improved to -$51.7 million in Q2 2024 per CAG's latest filing, from -$55.3 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $142.8 million in Q4 2021 and bottomed 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.
  • Across the five-year window, Change in Receivables soared 180.83% in 2023 and plunged 1057.41% in 2024, its largest moves.
  • Year by year, Change in Receivables 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 sank by 85.02% to $18.7 million in 2023, then tumbled by 376.47% to -$51.7 million in 2024.
  • Per Business Quant, the three latest CAG Change in Receivables figures stand at -$51.7 million (Q2 2024), -$55.3 million (Q1 2024), and $18.7 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 73.00 Mn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -56.20 Mn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 26.91 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -110.70 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -1.76 Bn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn -7.51 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 33.30 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn -74.29 Mn

Historic Data

Download Data
DateValue
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