Toro Accounts Payable from 2010 to 2025

TTC Stock  USD 74.38  0.03  0.04%   
Toro's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 546.6 M this year. Accounts Payable is the amount Toro Co owes to suppliers or vendors for products or services received but not yet paid for. It represents Toro's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-01-31
Previous Quarter
452.7 M
Current Value
447.1 M
Quarterly Volatility
140.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Toro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.8 M, Interest Expense of 74.7 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0161 or PTB Ratio of 3.8. Toro financial statements analysis is a perfect complement when working with Toro Valuation or Volatility modules.
  
Check out the analysis of Toro Correlation against competitors.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.

Latest Toro's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Toro Co over the last few years. An accounting item on the balance sheet that represents Toro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Toro are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Toro's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toro's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Toro Accounts Payable Regression Statistics

Arithmetic Mean307,792,891
Geometric Mean244,989,986
Coefficient Of Variation58.18
Mean Deviation156,574,516
Median319,230,000
Standard Deviation179,071,551
Sample Variance32066.6T
Range549.2M
R-Value0.95
Mean Square Error3384.2T
R-Squared0.90
Slope35,712,085
Total Sum of Squares480999.3T

Toro Accounts Payable History

2025546.6 M
2024520.6 M
2023452.7 M
2022430 M
2021578.7 M
2020503.1 M
2019364 M

About Toro Financial Statements

Toro stakeholders use historical fundamental indicators, such as Toro's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Toro investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toro's assets and liabilities are reflected in the revenues and expenses on Toro's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Toro Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable520.6 M546.6 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out the analysis of Toro Correlation against competitors.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.46
Earnings Share
3.91
Revenue Per Share
44.425
Quarterly Revenue Growth
(0.01)
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.