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The Toro Co (The Toro Co) Total Current Liabilities

: $922 Mil (As of Jan. 2024)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Toro Co's total current liabilities for the quarter that ended in Jan. 2024 was $922

The Toro Co Total Current Liabilities Historical Data

The historical data trend for The Toro Co's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 756.97 855.80 937.02 1,063.60 948.60

The Toro Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 987.97 1,024.00 907.50 948.60 921.90

The Toro Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

The Toro Co's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=830.4+19.5
+Other Current Liabilities+Current Deferred Liabilities
=98.7+0
=949

The Toro Co's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=896.3+25.6
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=922

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

The Toro Co Total Current Liabilities Related Terms

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The Toro Co (The Toro Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Toro Co (NYSE:TTC) » Definitions » Total Current Liabilities
Comparable Companies
RBC TKR LECO SWK SNA HLMN KMT EML SCX QEPC HKSE:00669 OSTO:SKF B TSE:6586 XSWX:SFSN OSTO:HUSQ A SZSE:002444 TSE:9962 XTER:GIL TSE:6141 TPE:2049
Traded in Other Exchanges
TO2:Germany
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
Website
https://www.thetorocompany.com
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
Executives
Gregory S Janey officer: VP, RLC 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Janet Katherine Cooper director 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kurt D Svendsen officer: VP, Information Services 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kevin N Carpenter officer: VP, Global Ops & Supply Chain 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Edric C Funk officer: Group VP, Golf, Grounds & Irr 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jason P Baab officer: VP, Strategy, Corp Dev & Sust 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Daryn A Walters officer: VP, Exmark 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Joanna M. Totsky officer: VP, GC & Corp Secretary 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Richard W Rodier officer: Section 16 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Gary Lee Ellis director THE TORO COMPANY, 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jody M Christy officer: Vice President, BOSS 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Renee J Peterson officer: VP, Finance & CFO 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Blake M Grams officer: mging dir., corp. controller 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard M Olson officer: VP, Exmark 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Amy E Dahl officer: VP, Human Resources 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420

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