ConAgra Foods Inc (CAG)
Number of days of payables
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 7.74 | — | 6.91 | — | 6.43 | — | 6.62 | — | 6.90 | — | 6.36 | — | 6.58 | — | 5.63 | — | |
| Number of days of payables | days | — | — | — | — | 47.16 | — | 52.86 | — | 56.73 | — | 55.14 | — | 52.93 | — | 57.36 | — | 55.49 | — | 64.82 | — |
February 28, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
ConAgra Foods Inc's number of days of payables has shown some fluctuations over the past few years based on the available data. As of May 31, 2022, the number of days of payables was not provided. However, by August 28, 2022, the number of days of payables had increased to 64.82 days, indicating that the company took around 64.82 days on average to pay its payables.
Subsequently, the number of days of payables decreased to 55.49 days by November 27, 2022, before fluctuating again in the following periods. As of May 28, 2023, the number of days of payables stood at 52.93 days, reflecting a slight decrease compared to the previous period.
The trend continued with fluctuations in the number of days of payables in the subsequent periods until reaching 47.16 days as of May 26, 2024. ConAgra Foods Inc's payables management strategy seems to have improved efficiency during this period, as the company took fewer days on average to pay its payables compared to the earlier periods.
It is worth noting that the data for the future periods beyond May 26, 2024, indicates that the number of days of payables was not provided, suggesting a lack of visibility into the company's payables management strategy for those periods. Monitoring future trends in the number of days of payables will be crucial to assess ConAgra Foods Inc's ability to effectively manage its payables and maintain healthy supplier relationships.
Peer comparison
Feb 28, 2025