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Toro Co (NYSE:TTC)
Accounts Payable
{IF BankInsurance_zone 1}
$577 Mil (As of )Apr. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Toro Cos quarterly accounts payable increased from Oct. 2015 ($420 Mil) to Jan. 2016 ($420 Mil) and increased from Jan. 2016 ($474 Mil) to Apr. 2016 ($577 Mil)

Toro Cos quarterly accounts payable increased from Oct. 2012 ($376 Mil) to Oct. 2013 ($376 Mil) but then declined from Oct. 2013 ($389 Mil) to Oct. 2014 ($373 Mil)


Definition

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

{data_exp}

Toro Co Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
Accts Payable 341342339319309365357376389373
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
Accts Payable 538458373441571471420474577491
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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