JM Smucker Company

NYSE SJM

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JM Smucker Company Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2024: 1.78

JM Smucker Company Accounts Payable Turnover Ratio is 1.78 for the Trailing 12 Months (TTM) ending January 31, 2024, a 5.28% 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.

JM Smucker Company Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2023 was 1.69, a -11.88% change year over year.
JM Smucker Company Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2022 was 1.92, a -22.42% change year over year.
JM Smucker Company Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2021 was 2.47, a -29.04% change year over year.
JM Smucker Company Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2020 was 3.48, a -4.45% change year over year.

NYSE: SJM

JM Smucker Company

CEO	Mr. Mark T. Smucker
IPO Date	Oct. 31, 1994
Location	United States
Headquarters	One Strawberry Lane, Orrville, OH, United States, 44667-0280
Employees	5,800
Sector	Consumer Defensive
Industry	Packaged foods

Description

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

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