ConAgra Foods Inc (CAG)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	11,736,900	11,700,100	11,537,900	11,661,100	11,963,300	12,243,900	12,115,000	12,014,400	11,779,600	11,547,400	11,729,900	11,878,000	12,217,600	12,582,900	12,400,700	12,251,800	11,848,900	11,457,200	11,466,600	11,479,000
Receivables	US$ in thousands	—	—	—	—	871,800	—	916,500	—	974,100	—	971,500	—	952,800	—	960,000	—	910,500	—	788,600	—
Receivables turnover		—	—	—	—	13.72	—	13.22	—	12.09	—	12.07	—	12.82	—	12.92	—	13.01	—	14.54	—

February 28, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,736,900K ÷ $—K
= —

The receivables turnover ratio measures how efficiently a company is collecting its accounts receivable. In the case of ConAgra Foods Inc, the receivables turnover ratio fluctuated over the past few years.

In August 2022, the receivables turnover ratio was 14.54, indicating that ConAgra collected its accounts receivable approximately 14.54 times during that period. However, the ratio dropped to 12.92 in February 2023 and further decreased to 12.07 in August 2023.

ConAgra managed to increase its receivables turnover slightly to 12.09 in November 2023, but the ratio fluctuated in the subsequent periods. The ratio improved to 13.22 in February 2024 and further increased to 13.72 in May 2024.

Notably, there were several periods where the receivables turnover ratio was not provided in the data, which could indicate missing or incomplete information. This inconsistency makes it challenging to assess the overall trend of ConAgra's receivables turnover ratio accurately.

In conclusion, ConAgra Foods Inc's receivables turnover ratio experienced fluctuations over the reported periods, with some improvements and declines noted. Further analysis and comparison with industry benchmarks would provide a better understanding of the company's accounts receivable management efficiency.