Hormel Foods Corporation (HRL)

Payables turnover

Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Oct 27, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022
Cost of revenue (ttm) US$ in thousands 10,214,350 10,090,390 10,411,790 10,407,490 10,567,610 10,334,300 10,121,520 10,199,620 10,258,950 10,559,060 10,845,630 10,822,700 10,850,600 10,653,160 10,187,440 10,423,890 10,380,020 10,830,080 10,883,400 10,954,270
Payables US$ in thousands 731,578 707,753 716,892 709,190 735,604 735,604 675,167 675,167 691,498 691,498 744,116 — 771,397 771,397 703,407 703,407 750,295 764,525 — 816,604
Payables turnover 13.96 14.26 14.52 14.68 14.37 14.05 14.99 15.11 14.84 15.27 14.58 — 14.07 13.81 14.48 14.82 13.83 14.17 — 13.41

October 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $10,214,350K ÷ $731,578K
= 13.96