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Toro Company's quarterly accounts payable declined from Jul. 2013 ($409 Mil) to Oct. 2013 ($389 Mil) but then increased from Oct. 2013 ($389 Mil) to Jan. 2014 ($443 Mil).
Toro Company's annual accounts payable increased from Oct. 2011 ($304 Mil) to Oct. 2012 ($376 Mil) and increased from Oct. 2012 ($376 Mil) to Oct. 2013 ($389 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 Company Annual Data
Toro Company Quarterly Data