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Toll Brothers Inc (NYSE:TOL)
Accounts Payable & Accrued Expense
$968 Mil (As of Apr. 2016)

Toll Brothers Inc's quarterly accounts payable & accrued expense increased from Oct. 2015 ($904 Mil) to Jan. 2016 ($936 Mil) and increased from Jan. 2016 ($936 Mil) to Apr. 2016 ($968 Mil).

Toll Brothers Inc's annual accounts payable & accrued expense increased from Oct. 2013 ($772 Mil) to Oct. 2014 ($933 Mil) but then declined from Oct. 2014 ($933 Mil) to Oct. 2015 ($904 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Toll Brothers Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Accounts Payable & Accrued Expense 1,117961873894824724657772933904

Toll Brothers Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Accounts Payable & Accrued Expense 782829892933865858882904936968
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