ConAgra Foods Inc

NYSE CAG

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ConAgra Foods Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 29, 2024: 2.14

ConAgra Foods Inc Accounts Payable Turnover Ratio is 2.14 for the Trailing 12 Months (TTM) ending February 29, 2024, a 19.18% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.

ConAgra Foods Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2023 was 1.79, a 2.80% change year over year.
ConAgra Foods Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2022 was 1.75, a -9.42% change year over year.
ConAgra Foods Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2021 was 1.93, a -0.35% change year over year.
ConAgra Foods Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 29, 2020 was 1.93, a -5.68% change year over year.

NYSE: CAG

ConAgra Foods Inc

CEO	Mr. Sean M. Connolly
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	222 West Merchandise Mart Plaza, Chicago, IL, United States, 60654
Employees	18,600
Sector	Consumer Defensive
Industry	Packaged foods

Description

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.

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