Seneca Foods Corp A

NASDAQ SENEA

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Seneca Foods Corp A Accounts Payable Turnover Ratio for the year ending March 31, 2023: 21.80

Seneca Foods Corp A Accounts Payable Turnover Ratio is 21.80 for the year ending March 31, 2023, a 37.87% 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.
  • Seneca Foods Corp A Accounts Payable Turnover Ratio for the year ending March 31, 2022 was 15.81, a -20.17% change year over year.
  • Seneca Foods Corp A Accounts Payable Turnover Ratio for the year ending March 31, 2021 was 19.81, a 5.58% change year over year.
  • Seneca Foods Corp A Accounts Payable Turnover Ratio for the year ending March 31, 2020 was 18.76, a -4.55% change year over year.
  • Seneca Foods Corp A Accounts Payable Turnover Ratio for the year ending March 31, 2019 was 19.66, a 4.09% change year over year.
NASDAQ: SENEA

Seneca Foods Corp A

CEO Mr. Paul L. Palmby
IPO Date June 3, 1998
Location United States
Headquarters 3736 South Main Street, Marion, NY, United States, 14505
Employees 2,809
Sector Consumer Defensive
Industry Packaged foods
Description

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It operates through three segments: Fruits and Vegetables, Prepared Food Products, and Snack Products. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. In addition, it packs canned and frozen vegetables under contract packing agreements. Further, the company engages in the sale of cans, ends, and seeds, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; specialty retailers; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in 60 countries, as well as federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was incorporated in 1949 and is headquartered in Fairport, New York.

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StockViz Staff

September 20, 2024

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