Toro (TORO) Accounts Payable & Accrued Expense : $4.70 Mil (As of Mar. 2024)

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What is Toro Accounts Payable & Accrued Expense?

Toro's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.31 Mil) to Dec. 2023 ($6.24 Mil) but then declined from Dec. 2023 ($6.24 Mil) to Mar. 2024 ($4.70 Mil).

Toro's annual accounts payable & accrued expense increased from Dec. 2021 ($3.47 Mil) to Dec. 2022 ($3.91 Mil) and increased from Dec. 2022 ($3.91 Mil) to Dec. 2023 ($6.24 Mil).

Toro Accounts Payable & Accrued Expense Historical Data

The historical data trend for Toro's Accounts Payable & Accrued Expense 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.

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Toro Accounts Payable & Accrued Expense Chart

Toro Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

3.47

3.91

6.24

Toro Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						5.72	8.26	0.31	6.24	4.70

Toro Accounts Payable & Accrued Expense 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.

Toro (TORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Toro Corp (NAS:TORO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

D0Y:Germany

Address

223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, CYP, 3036

Website

https://www.torocorp.com

Toro Corp acquires, owns, charters, and operates oceangoing tanker vessels and provides worldwide seaborne transportation services for crude oil and refined petroleum products. It operates in two reportable segments: the Aframax tanker and Handysize tanker. The company generates maximum revenue from the Aframax tanker segment.