Mccormick (MKC) Change in Account Payables (2020 - 2026)

Mccormick (MKC) 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) 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 Darling Ingredients 9.44 Bn 9.48 Bn 404.92 Mn -

Historic Data

Download Data
DateValue
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