Mccormick (MKC-V) Change in Account Payables (2020 - 2026)
Mccormick (MKC-V) reported Change in Account Payables of -$98.7 million for Q1 2026, down 39.21% on a YoY basis from -$162.4 million in Q1 2025, and down 254.95% quarter-over-quarter from $63.7 million in Q4 2025.
Mccormick (MKC-V) Change in Account Payables (2020 - 2026) Analysis & Trends
Mccormick has reported Change in Account Payables for 7 years, with the latest figure at -$98.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Account Payables fell 39.21% year-over-year to -$98.7 million; the trailing twelve-month figure through Feb 2026 stood at -$26.6 million (down 153.41% YoY), and the FY2025 full-year result was $1.2 million, down 99.11% from the prior year.
- Change in Account Payables for Q1 2026 stood at -$98.7 million, down from $63.7 million in the prior quarter.
- The five-year high for Change in Account Payables was $76.3 million in Q2 2024, with the low at -$98.7 million in Q1 2026.
- Historically, Change in Account Payables has averaged $5.6 million across 5 years, with a median of $14.4 million in 2024.
- Annual changes were most pronounced in 2022 — Change in Account Payables soared 513.25% — and 2023, when it plunged 1153.85%.
- Mccormick's Change in Account Payables stood at $24.5 million in 2022, then fell by 8.98% to $22.3 million in 2023, then advanced by 2.24% to $22.8 million in 2024, then jumped by 179.39% to $63.7 million in 2025, then plunged by 254.95% to -$98.7 million in 2026.
- The last three Change in Account Payables figures came in at -$98.7 million (Q1 2026), $63.7 million (Q4 2025), and $12.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | 2.66 Mn |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 256.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | -332.20 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -799.31 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | - |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | -98.70 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 10.20 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | - |
| 10 | Mccormick | - | - | 708.90 Mn | -98.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -98.70 Mn |
| Feb 28, 2026 | -98.70 Mn |
| Nov 30, 2025 | 63.70 Mn |
| Nov 30, 2025 | 63.70 Mn |
| Aug 31, 2025 | 12.00 Mn |
| Aug 31, 2025 | 12.00 Mn |
| May 31, 2025 | -3.60 Mn |
| May 31, 2025 | -3.60 Mn |
| Feb 28, 2025 | -70.90 Mn |
| Feb 28, 2025 | -70.90 Mn |
| Nov 30, 2024 | 22.80 Mn |
| Nov 30, 2024 | 22.80 Mn |
| Aug 31, 2024 | 21.60 Mn |
| Aug 31, 2024 | 21.60 Mn |
| May 31, 2024 | 76.30 Mn |
| May 31, 2024 | 76.30 Mn |
| Feb 29, 2024 | 14.40 Mn |
| Feb 29, 2024 | 14.40 Mn |
| Nov 30, 2023 | 22.30 Mn |
| Nov 30, 2023 | 22.30 Mn |