Hormel Foods (TICKER: HRL) Benchmark And Performance Data

there are 15 of samples in the benchmark for Hormel Foods in year 2023 in 2023. The total inventory for Hormel Foods was $993,265,000.00 in 2015. The total inventory for Hormel Foods was $985,683,000.00 in 2016. The total inventory for Hormel Foods was $967,977,000.00 in 2013. The total inventory for Hormel Foods was $963,527,000.00 in 2018. The total inventory for Hormel Foods was $921,022,000.00 in 2017. The total inventory for Hormel Foods was $1,716,059,000.00 in 2022. The total inventory for Hormel Foods was $1,369,198,000.00 in 2021. The total inventory for Hormel Foods was $1,072,762,000.00 in 2020. The total inventory for Hormel Foods was $1,054,552,000.00 in 2014. The total inventory for Hormel Foods was $1,042,362,000.00 in 2019. The sales, general, and administrative (SGA) for Hormel Foods was $879,265,000.00 in 2022. The sales, general, and administrative (SGA) for Hormel Foods was $871,974,000.00 in 2016. The sales, general, and administrative (SGA) for Hormel Foods was $853,071,000.00 in 2021. The sales, general, and administrative (SGA) for Hormel Foods was $841,205,000.00 in 2018. The sales, general, and administrative (SGA) for Hormel Foods was $761,315,000.00 in 2020. The sales, general, and administrative (SGA) for Hormel Foods was $759,304,000.00 in 2017. The sales, general, and administrative (SGA) for Hormel Foods was $743,611,000.00 in 2015. The sales, general, and administrative (SGA) for Hormel Foods was $727,584,000.00 in 2019. The sales, general, and administrative (SGA) for Hormel Foods was $650,948,000.00 in 2014. The sales, general, and administrative (SGA) for Hormel Foods was $627,340,000.00 in 2013. The sales, general, and administrative (SGA) for Hormel Foods was $$942,000,000 in 2023. The revenue volatility for Hormel Foods was 11.27% in 2023. The market capitalization for Hormel Foods was $28,552,424,787.00 in 2016. The market capitalization for Hormel Foods was $26,942,383,057.00 in 2017. The market capitalization for Hormel Foods was $25,776,773,373.00 in 2015. The market capitalization for Hormel Foods was $25,372,711,018.00 in 2018. The market capitalization for Hormel Foods was $25,162,839,669.00 in 2013. The market capitalization for Hormel Foods was $24,760,352,801.00 in 2019. The market capitalization for Hormel Foods was $22,961,006,272.00 in 2014. The market capitalization for Hormel Foods was $22,339,558,818.00 in 2021. The market capitalization for Hormel Foods was $22,101,791,406.00 in 2020. The market capitalization for Hormel Foods was $17,791,811,121.00 in 2022. The market capitalization for Hormel Foods was $$16,624,000,000 in 2023. The gross revenue for Hormel Foods was $9,608,462,000.00 in 2020. The gross revenue for Hormel Foods was $9,545,700,000.00 in 2018. The gross revenue for Hormel Foods was $9,523,224,000.00 in 2016. The gross revenue for Hormel Foods was $9,497,317,000.00 in 2019. The gross revenue for Hormel Foods was $9,316,256,000.00 in 2014. The gross revenue for Hormel Foods was $9,263,863,000.00 in 2015. The gross revenue for Hormel Foods was $9,167,519,000.00 in 2017. The gross revenue for Hormel Foods was $8,751,654,000.00 in 2013. The gross revenue for Hormel Foods was $12,458,806,000.00 in 2022. The gross revenue for Hormel Foods was $11,386,189,000.00 in 2021. The gross revenue for Hormel Foods was $$12,110,000,000 in 2023. The gross margin for Hormel Foods was $8.73% in 2023. The days sales outstanding for Hormel Foods was 25 days in 2023. The days payable outstanding for Hormel Foods was 29 days in 2023. The days of inventory for Hormel Foods was $61 in 2023. The cost of goods sold (COGS) for Hormel Foods was 83.49% in 2023. The cost of goods sold (COGS) for Hormel Foods was $9,458,283,000.00 in 2021. The cost of goods sold (COGS) for Hormel Foods was $7,782,498,000.00 in 2020. The cost of goods sold (COGS) for Hormel Foods was $7,751,273,000.00 in 2014. The cost of goods sold (COGS) for Hormel Foods was $7,612,669,000.00 in 2019. The cost of goods sold (COGS) for Hormel Foods was $7,566,227,000.00 in 2018. The cost of goods sold (COGS) for Hormel Foods was $7,455,282,000.00 in 2015. The cost of goods sold (COGS) for Hormel Foods was $7,365,049,000.00 in 2016. The cost of goods sold (COGS) for Hormel Foods was $7,338,838,000.00 in 2013. The cost of goods sold (COGS) for Hormel Foods was $7,170,883,000.00 in 2017. The cost of goods sold (COGS) for Hormel Foods was $10,294,120,000.00 in 2022. The cost of goods sold (COGS) for Hormel Foods was $$10,110,000,000 in 2023. The cash to cash cycle time for Hormel Foods was 57 in 2023. The annual percentage growth rate of Hormel Foods was 0.03% in 2023. Hormel Foods in its benchmark peer group, had rank 6 days for days of inventory in 2023. Hormel Foods in its benchmark peer group, had rank 5 for gross revenue in 2023. Hormel Foods in its benchmark peer group, had rank 4 days for days sales outstanding in 2023. Hormel Foods in its benchmark peer group, had rank 14 for cost of goods sold as a percent of revenue in 2023. Hormel Foods in its benchmark peer group, had rank 12 for cash to cash cycle time in 2023. Hormel Foods in its benchmark peer group, had rank 1 for sales growth in 2023. Hormel Foods headquarters region is Central. Hormel Foods has ticker symbol HRL. Hormel Foods has the following profile: Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others.. Hormel Foods has primary indstury Packaged Foods. Hormel Foods had a $$6,073,000,000 gap between actual performance and next performance rank for gross revenue in competitive benchmarking in 2023. Hormel Foods had Flowers Foods, and Darling Ingredients, and Kraft Heinz, and Conagra Brands, and Kellogg, and TreeHouse Foods, Inc., and McCormick & Company, Incorporated, and Campbell Soup, and Post Holdings, Inc., and General Mills, and Lamb Weston Holdings, and Central Garden & Pet, and Ingredion, and Hormel Foods, and The J. M. Smucker Company benchmark peer companies for its SIC code in 2023. Hormel Foods had 6 days gap between actual performance and next performance rank for days of inventory in competitive benchmarking in 2023. Hormel Foods had 4 days gap between actual performance and next performance rank for days sales outstanding in competitive benchmarking in 2023. Hormel Foods had 3.08% gap between actual performance and next performance rank for sales volatility in competitive benchmarking in 2023. Hormel Foods had 20,000 number of employees in 2023. Hormel Foods had 17 days gap between actual performance and next performance rank for cash to cash in competitive benchmarking in 2023. Hormel Foods had 12.09% gap between actual performance and next performance rank for cost of goods sold as a percent of revenue in competitive benchmarking in 2023. Hormel Foods had 1.94% gap between actual performance and next performance rank for gross margin in competitive benchmarking in 2023. Hormel Foods had 0.00% gap between actual performance and next performance rank for sales growth in competitive benchmarking in 2023. Hormel Foods can reduce overall cost by $$1,544,000,000 by improving both COGS and SGA to next benchmark tier in 2023. Hormel Foods can reduce inventory with practices including SKU Reduction in 2023. Hormel Foods can reduce inventory with practices including Forecast Accuracy in 2023. Hormel Foods can reduce inventory with practices including Demand Shaping in 2023. Hormel Foods can reduce inventory with practices including Collaborative Planning, Forecasting & Replenishment (CPFR) in 2023. Hormel Foods can reduce days sales outstanding with practices including in 2023. Hormel Foods can increase sales revenue by $$6,073,000,000 improving sales performance to next benchmark tier in 2023. Hormel Foods can increase revenue growth by $$0 by improving growth performance to next benchmark tier in 2023. Hormel Foods can increase overall revenue by $$6,073,000,000 by improving both growth and sales performance to next benchmark tier in 2023. Hormel Foods can increase days payables outstanding with practices including in 2023. Hormel Foods can increase days payables outstanding by $1,327,000,000 days by increasing days payables outstanding to next benchmark tier in 2023. Hormel Foods can improve total financial performance by $$9,262,000,000 by improving revenue, costs, and working capital in 2023. Hormel Foods can decrease overall working capital by $$1,646,000,000 by improving inventory, payables and receivables to next benchmark tier in 2023. Hormel Foods can decrease inventory days by $186,000,000 days by reducing inventory days to next benchmark tier in 2023. Hormel Foods can decrease days sales outstanding by $133,000,000 days by reducing days sales outstanding to next benchmark tier in 2023. Hormel Foods can accelerate revenue growth practices including in 2023. 8.20% was the measured parity or middle performance level for sales volatility in Hormel Foods's peer group in 2023. 71.40% was the measured parity or middle performance level for cost of goods sold as a percent of revenue in Hormel Foods's peer group in 2023. 68.93% was the measured advantage or top third performance level for cost of goods sold as a percent of revenue in Hormel Foods's peer group in 2023. 65 days was the measured parity or middle performance level for days of inventory in Hormel Foods's peer group in 2023. 64.32% was the measured superior or top ten performance level for cost of goods sold as a percent of revenue in Hormel Foods's peer group in 2023. 6.20% was the measured advantage or top third performance level for sales volatility in Hormel Foods's peer group in 2023. 55 days was the measured advantage or top third performance level for days of inventory in Hormel Foods's peer group in 2023. 44 days was the measured superior or top ten performance level for days of inventory in Hormel Foods's peer group in 2023. 40 days was the measured parity or middle performance level for cash to cash cycle time in Hormel Foods's peer group in 2023. 3.82% was the measured superior or top ten performance level for sales volatility in Hormel Foods's peer group in 2023. 28 days was the measured parity or middle performance level for days sales outstanding in Hormel Foods's peer group in 2023. 25 days was the measured advantage or top third performance level for days sales outstanding in Hormel Foods's peer group in 2023. 21 days was the measured superior or top ten performance level for days sales outstanding in Hormel Foods's peer group in 2023. 16.04% was the measured superior or top ten performance level for gross margin in Hormel Foods's peer group in 2023. 10 days was the measured advantage or top third performance level for cash to cash cycle time in Hormel Foods's peer group in 2023. -7 days was the measured superior or top ten performance level for cash to cash cycle time in Hormel Foods's peer group in 2023. -0.08% was the measured parity or middle performance level for sales growth in Hormel Foods's peer group in 2023. -0.06% was the measured advantage or top third performance level for sales growth in Hormel Foods's peer group in 2023. -0.00% was the measured superior or top ten performance level for sales growth in Hormel Foods's peer group in 2023. $13.99% was the measured advantage or top third performance level for gross margin in Hormel Foods's peer group in 2023. $10.68% was the measured parity or middle performance level for gross margin in Hormel Foods's peer group in 2023. $$7,946,000,000 was the measured parity or middle performance level for gross revenue in Hormel Foods's peer group in 2023. $$18,183,000,000 was the measured superior or top ten performance level for gross revenue in Hormel Foods's peer group in 2023. $$11,559,000,000 was the measured advantage or top third performance level for gross revenue in Hormel Foods's peer group.