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Toro Co's quarterly accounts payable declined from Apr. 2015 ($571 Mil) to Jul. 2015 ($471 Mil) and declined from Jul. 2015 ($471 Mil) to Oct. 2015 ($420 Mil).
Toro Co's annual accounts payable declined from Oct. 2013 ($389 Mil) to Oct. 2014 ($373 Mil) but then increased from Oct. 2014 ($373 Mil) to Oct. 2015 ($420 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Toro Co Annual Data
Toro Co Quarterly Data