ConAgra Foods Inc

NYSE CAG

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ConAgra Foods Inc Average Collection Period 2 year CAGR for the year ending May 31, 2023: 4.19%

ConAgra Foods Inc Average Collection Period 2 year CAGR is 4.19% for the year ending May 31, 2023, a 760.66% change year over year. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

ConAgra Foods Inc Average Collection Period for the year ending May 31, 2022 was 15.56, a 7.30% change year over year.
ConAgra Foods Inc Average Collection Period for the year ending May 31, 2021 was 14.50, a -7.98% change year over year.
ConAgra Foods Inc Average Collection Period for the year ending May 31, 2020 was 15.76, a -10.99% change year over year.
ConAgra Foods Inc Average Collection Period for the year ending May 31, 2019 was 17.71, a 0.11% change year over year.

NYSE: CAG

ConAgra Foods Inc

CEO	Mr. Sean M. Connolly
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	222 West Merchandise Mart Plaza, Chicago, IL, United States, 60654
Employees	18,600
Sector	Consumer Defensive
Industry	Packaged foods

Description

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.

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