Cal-Maine Foods Inc

NASDAQ CALM

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Cal-Maine Foods Inc Payables Turnover for the year ending May 31, 2023: 23.61

Cal-Maine Foods Inc Payables Turnover is 23.61 for the year ending May 31, 2023, a 34.50% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues.

Cal-Maine Foods Inc Payables Turnover for the year ending May 31, 2022 was 17.55, a -22.04% change year over year.
Cal-Maine Foods Inc Payables Turnover for the year ending May 31, 2021 was 22.51, a 77.07% change year over year.
Cal-Maine Foods Inc Payables Turnover for the year ending May 31, 2020 was 12.71, a -18.23% change year over year.
Cal-Maine Foods Inc Payables Turnover for the year ending May 31, 2019 was 15.55, a 18.27% change year over year.

NASDAQ: CALM

Cal-Maine Foods Inc

CEO	Mr. Adolphus B. Baker
IPO Date	Dec. 11, 1996
Location	United States
Headquarters	1052 Highland Colony Parkway, Ridgeland, MS, United States, 39157
Employees	2,815
Sector	Consumer Defensive
Industry	Farm products

Description

Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi. Cal-Maine Foods, Inc. is a subsidiary of Dlnl, Llc.

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