Hormel Foods Corporation (HRL)

Payables turnover

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Cost of revenue US$ in thousands 10,214,300 9,898,660 10,927,900 10,110,200 11,106,700
Payables US$ in thousands 731,578 735,604 735,604 771,397 771,397
Payables turnover 13.96 13.46 14.86 13.11 14.40

October 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $10,214,300K ÷ $731,578K
= 13.96