Bridgford Foods Corporation

NASDAQ BRID

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Bridgford Foods Corporation Accounts Payable Turnover Ratio for the quarter ending February 29, 2024: 6.37

Bridgford Foods Corporation Accounts Payable Turnover Ratio is 6.37 for the quarter ending February 29, 2024, a 5.78% 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.

Bridgford Foods Corporation Accounts Payable Turnover Ratio for the quarter ending November 30, 2022 was 6.03, a -5.17% change year over year.
Bridgford Foods Corporation Accounts Payable Turnover Ratio for the quarter ending November 30, 2021 was 6.35, a 0.10% change year over year.
Bridgford Foods Corporation Accounts Payable Turnover Ratio for the quarter ending November 30, 2020 was 6.35, a -14.67% change year over year.
Bridgford Foods Corporation Accounts Payable Turnover Ratio for the quarter ending November 30, 2019 was 7.44, a 0.45% change year over year.

NASDAQ: BRID

Bridgford Foods Corporation

CEO	Mr. Allan L. Bridgford Sr.
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	1707 South Good-Latimer Expressway, Dallas, TX, United States, 75226
Employees	671
Sector	Consumer Defensive
Industry	Packaged foods

Description

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products. It provides frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, mass merchandise, and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas. Bridgford Foods Corporation operates as a subsidiary of Bridgford Industries Incorporated.

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