Other
Accrued Expenses
General Mills Accrued Expenses decreased by 1.6% to $42.90M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Accrued Expenses shows relatively stable performance with a -2.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Growth in this asset indicates an increase in accruals that will provide future tax shields.
Detailed definition
This represents deferred tax assets related to accrued expenses that are recognized for financial reporting but are not...
Peer comparison
Standard operational accounting metric for large service-based organizations.
Metric ID:
other_deferred_tax_assets_tax_deferred_expense_reserves__8a9fbbHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $46.20M | $51.20M | $43.60M | $42.90M |
| QoQ Change | — | +10.8% | -14.8% | -1.6% |
| YoY Change | — | +10.8% | -14.8% | -1.6% |
Range$42.90M – $51.20M
Avg YoY Growth-1.9%
Median YoY Growth-1.6%
Current Streak2 quarters decline
Accrued Expenses at Other Companies
Frequently Asked Questions
- What is General Mills's accrued expenses?
- General Mills (GIS) reported accrued expenses of $42.90M in Q1 2025.
- What is the long-term trend for General Mills's accrued expenses?
- Over 3 years (2022 to 2025), General Mills's accrued expenses has grown at a -2.4% compound annual growth rate (CAGR), from $46.20M to $42.90M.
- What does accrued expenses mean?
- Tax assets created by expenses that are recorded now but can only be deducted for tax purposes later.