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Toro Co (NYSE:TTC)
Accounts Payable
$538 Mil (As of Apr. 2014)

Toro Co's quarterly accounts payable increased from Oct. 2013 ($389 Mil) to Jan. 2014 ($443 Mil) and increased from Jan. 2014 ($443 Mil) to Apr. 2014 ($538 Mil).

Toro Co's annual accounts payable increased from . 20 ($0 Mil) to Jul. 2095 ($41 Mil) but then declined from Jul. 2095 ($41 Mil) to Apr. 2014 ($0 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

Jul95Apr14
Accts Payable 00000000410

Toro Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 475403376427498409389443538458
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