Hormel Foods Corporation (HRL)

Working capital turnover

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Revenue US$ in thousands 12,106,200 11,920,800 11,920,800 12,110,000 12,036,600
Total current assets US$ in thousands 3,405,660 3,246,480 3,246,480 3,297,250 3,297,250
Total current liabilities US$ in thousands 1,380,800 1,399,300 1,399,300 2,311,780 2,311,780
Working capital turnover 5.98 6.45 6.45 12.29 12.21

October 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $12,106,200K ÷ ($3,405,660K – $1,380,800K)
= 5.98