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Toro Co (NYSE:TTC)
Days Payable
27.09 (As of Jul. 2014)

Toro Co's payable for the three months ended in Jul. 2014 was $169 Mil. Toro Co's revenue for the three months ended in Jul. 2014 was $568 Mil. Hence, Toro Co's days payable for the three months ended in Jul. 2014 was 27.09.

Toro Co's days payable increased from Jul. 2013 (22.17) to Jul. 2014 (27.09). It may suggest that Toro Co delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Toro Co's Days Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=0/2083.295*365
=0.00

Toro Co's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=168.956/567.54*91
=27.09

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


Related Terms

Revenue


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
DaysPayable 0.000.000.000.000.000.000.000.0016.080.00

Toro Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 25.8422.4233.7934.4526.3122.1732.8739.3228.8227.09
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