Pilgrims Pride Corp

NASDAQ PPC

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Pilgrims Pride Corp Accounts Payable Turnover Ratio for the year ending December 31, 2023: 11.96

Pilgrims Pride Corp Accounts Payable Turnover Ratio is 11.96 for the year ending December 31, 2023, a 8.69% 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.
  • Pilgrims Pride Corp Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 11.00, a 4.25% change year over year.
  • Pilgrims Pride Corp Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 10.55, a -20.21% change year over year.
  • Pilgrims Pride Corp Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 13.22, a 15.64% change year over year.
  • Pilgrims Pride Corp Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 11.44, a -12.45% change year over year.
NASDAQ: PPC

Pilgrims Pride Corp

CEO Mr. Fabio Sandri
IPO Date Jan. 1, 1987
Location United States
Headquarters 1770 Promontory Circle, Greeley, CO, United States, 80634-9038
Employees 61,600
Sector Consumer Defensive
Industry Packaged foods
Description

Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, and pork ribs; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats and meat balls. It also provides plant-based protein offerings, ready-to-eat meals, multi-protein frozen foods, vegetarian foods and desserts. In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads, and trotters frozen for distribution to export markets. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands. It serves chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, such as grocery store chains, wholesale clubs, and other retail distributors. It operates in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation operates as a subsidiary of JBS S.A.

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StockViz Staff

September 20, 2024

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