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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).
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