McCormick & Company Incorporated (MKC)

Payables turnover

Nov 30, 2025 Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021
Cost of revenue (ttm) US$ in thousands 4,248,100 4,193,800 4,143,900 4,130,800 4,132,700 4,108,400 4,140,400 4,160,500 4,159,700 4,179,500 4,146,500 4,116,600 4,076,000 4,032,100 3,953,000 3,881,300 3,823,300 3,693,100 3,583,300 3,462,800
Payables US$ in thousands 1,259,400 1,196,800 1,177,900 1,161,900 1,238,100 1,227,800 1,210,300 1,133,300 1,119,300 1,099,900 1,100,000 1,124,300 1,171,000 1,143,500 1,126,400 1,072,600 1,064,200 1,023,100 1,040,500 967,400
Payables turnover 3.37 3.50 3.52 3.56 3.34 3.35 3.42 3.67 3.72 3.80 3.77 3.66 3.48 3.53 3.51 3.62 3.59 3.61 3.44 3.58

November 30, 2025 calculation

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