Conagra Brands (CAG) Change in Receivables (2009 - 2024)
Conagra Brands (CAG) posted Change in Receivables of -$51.7 million for Q2 2024, up 6.51% on a QoQ basis from -$55.3 million in Q1 2024, and down 1057.41% year-over-year from $5.4 million in Q2 2023.
Analysis
Conagra Brands (CAG) Change in Receivables (2009 - 2024) Analysis & Trends
Conagra Brands has reported Change in Receivables for 16 years, with the latest figure at -$51.7 million in 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 was -$51.7 million for Q2 2024 at Conagra Brands, 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.
- Average Change in Receivables over 5 years is -$3.1 million, with a median of -$21.1 million recorded in 2021.
- The sharpest annual moves came in 2023 and 2024: Change in Receivables surged 180.83% in 2023, then tumbled 1057.41% in 2024.
- Over 5 years, Change in Receivables stood at $140.7 million in 2020, then rose by 1.49% to $142.8 million in 2021, then dropped 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.
- 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.91 Bn | 26.23 Bn | 2.03 Bn | -12.00 Mn |
| 2 | General Mills | 19.20 Bn | 18.75 Bn | 1.60 Bn | -56.20 Mn |
| 3 | Mccormick | 13.83 Bn | 13.50 Bn | 778.20 Mn | -110.70 Mn |
| 4 | J M Smucker | 12.89 Bn | 12.84 Bn | 979.60 Mn | -40.10 Mn |
| 5 | Hormel Foods | 11.29 Bn | 10.42 Bn | 471.52 Mn | -22.14 Mn |
| 6 | Chewy | 8.45 Bn | 7.93 Bn | 1.01 Bn | 8.40 Mn |
| 7 | Conagra Brands | 6.98 Bn | 6.77 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn | 33.30 Mn |
| 9 | Campbell'S | 6.25 Bn | 5.85 Bn | 650.00 Mn | -115.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.35 Bn | 566.30 Mn | -32.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 26, 2024 | -51.70 Mn |
| Feb 25, 2024 | -55.30 Mn |
| Nov 26, 2023 | 18.70 Mn |
| Aug 27, 2023 | 11.10 Mn |
| May 28, 2023 | 5.40 Mn |
| Feb 26, 2023 | 50.60 Mn |
| Nov 27, 2022 | 124.80 Mn |
| Aug 28, 2022 | -78.70 Mn |
| May 29, 2022 | -51.20 Mn |
| Feb 27, 2022 | -62.60 Mn |
| Nov 28, 2021 | 142.80 Mn |
| Aug 29, 2021 | 40.50 Mn |
| May 30, 2021 | -47.60 Mn |
| Feb 28, 2021 | -106.80 Mn |
| Nov 29, 2020 | 140.70 Mn |
| Aug 30, 2020 | -52.40 Mn |
| May 31, 2020 | 6.60 Mn |
| Feb 23, 2020 | -91.10 Mn |
| Nov 24, 2019 | 170.00 Mn |
| Aug 25, 2019 | -41.70 Mn |