Switch to:
Toro Co (NYSE:TTC)
Accounts Payable
$458 Mil (As of Jul. 2014)

Toro Co's quarterly accounts payable increased from Jan. 2014 ($443 Mil) to Apr. 2014 ($538 Mil) but then declined from Apr. 2014 ($538 Mil) to Jul. 2014 ($458 Mil).

Toro Co's annual accounts payable declined from Oct. 2010 ($365 Mil) to Oct. 2011 ($304 Mil) but then increased from Oct. 2011 ($304 Mil) to Oct. 2012 ($376 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

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

Toro Co Annual Data

Oct03Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12
Accts Payable 297323341342339319309365304376

Toro Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 475403376427498409389443538458
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK