Toyo (TOYO) Payables (2023 - 2026)
Toyo (TOYO) posted Payables of $88.7 million for Q2 2026, up 13.62% on a QoQ basis from $78.1 million in Q1 2026, and up 14.38% year-over-year from $77.6 million in Q2 2025.
Analysis
Toyo (TOYO) Payables (2023 - 2026) Analysis & Trends
Toyo has reported Payables for 4 years, with the latest figure at $88.7 million in Q2 2026.
- On a quarterly basis, Payables rose 14.38% year-over-year to $88.7 million in Q2 2026; TTM through Jun 2026 was $88.7 million, a 14.38% increase from a year earlier, with the FY2025 full-year figure at $83.0 million, up 370.94% from the prior year.
- Payables was $88.7 million for Q2 2026 at Toyo, up from $78.1 million in the prior quarter.
- The five-year high for Payables was $88.7 million in Q2 2026, with the low at $17.6 million in Q4 2024.
- Average Payables over 4 years is $53.3 million, with a median of $57.4 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Payables slumped 52.64% in 2024, then jumped 370.94% in 2025.
- Over 4 years, Payables stood at $37.2 million in 2023, then plunged by 52.64% to $17.6 million in 2024, then surged by 370.94% to $83.0 million in 2025, then advanced by 6.88% to $88.7 million in 2026.
- The last three Payables figures came in at $88.7 million (Q2 2026), $78.1 million (Q1 2026), and $83.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.32 Bn | 20.60 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 12.21 Bn | 10.99 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 4.89 Bn | 3.96 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Solaredge Technologies | 2.08 Bn | 1.50 Bn | 95.15 Mn | 460.14 Mn |
| 5 | T1 Energy | 1.32 Bn | 1.11 Bn | 49.10 Mn | 127.09 Mn |
| 6 | Shoals Technologies | 1.17 Bn | 1.15 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 874.23 Mn | -592.27 Mn | 168.48 Mn | 4.13 Bn |
| 8 | Array Technologies | 692.40 Mn | 385.10 Mn | 99.60 Mn | 161.09 Mn |
| 9 | JinkoSolar Holding | 613.77 Mn | -2.07 Bn | 75.62 Mn | 3.17 Bn |
| 10 | Toyo | 132.44 Mn | 22.39 Mn | 36.97 Mn | 88.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.74 Mn |
| Mar 31, 2026 | 78.10 Mn |
| Dec 31, 2025 | 83.03 Mn |
| Jun 30, 2025 | 77.58 Mn |
| Mar 31, 2025 | 19.40 Mn |
| Dec 31, 2024 | 17.63 Mn |
| Jun 30, 2024 | 25.02 Mn |
| Dec 31, 2023 | 37.22 Mn |