McCormick & Company Incorporated (MKC)

Payables turnover

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Cost of revenue US$ in thousands 4,248,100 4,132,700 4,159,700 4,076,000 3,823,300
Payables US$ in thousands 1,259,400 1,238,100 1,119,300 1,171,000 1,064,200
Payables turnover 3.37 3.34 3.72 3.48 3.59

November 30, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $4,248,100K ÷ $1,259,400K
= 3.37