Hormel Foods Corporation (HRL)

Working capital 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
Revenue (ttm) US$ in thousands 12,106,160 12,058,590 12,163,800 12,163,430 12,073,060 11,822,320 11,549,900 11,648,370 11,728,510 12,039,240 12,352,980 12,319,370 12,285,720 12,065,280 11,856,860 11,848,700 12,187,250 12,473,890 12,537,310 12,664,070
Total current assets US$ in thousands 3,405,660 3,322,490 3,282,070 3,266,070 3,246,480 3,246,480 2,997,450 2,997,450 3,976,520 3,976,520 3,367,160 3,367,160 3,297,250 3,297,250 3,254,770 3,254,770 3,162,600 3,195,310 3,195,310 3,637,120
Total current liabilities US$ in thousands 1,380,800 1,345,530 1,327,660 1,331,810 1,399,300 1,399,300 1,309,750 1,309,750 2,304,810 2,304,810 2,260,780 2,260,780 2,311,780 2,311,780 2,320,620 2,320,620 1,305,220 1,373,380 1,373,380 1,473,270
Working capital turnover 5.98 6.10 6.22 6.29 6.54 6.40 6.84 6.90 7.02 7.20 11.17 11.13 12.47 12.24 12.69 12.68 6.56 6.85 6.88 5.85

October 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $12,106,160K ÷ ($3,405,660K – $1,380,800K)
= 5.98