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GuruFocus has detected 7 Warning Signs with Toro Co $TTC.
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Toro Co (NYSE:TTC)
Accounts Payable
{IF BankInsurance_zone 1}
$441 Mil (As of )Oct. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Toro Cos quarterly accounts payable declined from Apr. 2016 ($577 Mil) to Jul. 2016 ($577 Mil) and declined from Jul. 2016 ($491 Mil) to Oct. 2016 ($441 Mil)

Toro Cos quarterly accounts payable increased from Oct. 2014 ($373 Mil) to Oct. 2015 ($373 Mil) and increased from Oct. 2015 ($420 Mil) to Oct. 2016 ($441 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

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
Accts Payable 339319309365357376389373420441
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Accts Payable 458373441571471420474577491441
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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