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Toro Co  (NYSE:TTC) Accounts Payable & Accrued Expense: $521 Mil (As of Jul. 2017)

Toro Co's quarterly accounts payable & accrued expense increased from Jan. 2017 ($496 Mil) to Apr. 2017 ($598 Mil) but then declined from Apr. 2017 ($598 Mil) to Jul. 2017 ($521 Mil).

Toro Co's annual accounts payable & accrued expense increased from Oct. 2014 ($373 Mil) to Oct. 2015 ($420 Mil) and increased from Oct. 2015 ($420 Mil) to Oct. 2016 ($441 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Toro Co Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 376.26 388.85 372.96 420.38 441.36

Toro Co Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Accounts Payable & Accrued Expense 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 490.78 441.36 496.16 598.48 520.84

Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.


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