Toyo (TOYWF) Payables (2023 - 2026)
Toyo (TOYWF) recorded quarterly Payables of $29.9 million in Q1 2026, down 35.1% quarter-over-quarter from $46.1 million in Q4 2025, and up 54.11% on a YoY basis from $19.4 million in Q1 2025.
Toyo (TOYWF) Payables (2023 - 2026) Analysis & Trends
Toyo's Payables history runs 4 years deep, the most recent figure standing at $29.9 million for Q1 2026.
- In Q1 2026, Payables rose 54.11% year-over-year to $29.9 million; the TTM figure through Mar 2026 stood at $29.9 million (up 54.11% YoY), while the FY2025 annual figure was $46.1 million, up 36.46% from the prior year.
- Payables was $29.9 million for Q1 2026 at Toyo, down from $46.1 million in the prior quarter.
- In the past five years, Payables ranged from a high of $46.1 million in Q4 2025 to a low of $5.6 million in Q4 2023.
- Historically, Payables has averaged $27.3 million across 4 years, with a median of $29.9 million in 2026.
- The sharpest annual moves came in 2024 and 2025: Payables surged 502.07% in 2024, then sank 33.51% in 2025.
- A 4-year view of Payables shows it stood at $5.6 million in 2023, then soared by 502.07% to $33.8 million in 2024, then surged by 36.46% to $46.1 million in 2025, then tumbled by 35.1% to $29.9 million in 2026.
- The last three Payables figures came in at $29.9 million (Q1 2026), $46.1 million (Q4 2025), and $22.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 113.46 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 404.51 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 343.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 80.43 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 142.17 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 3.45 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.09 Mn |
| 10 | Toyo | - | - | 47.76 Mn | 29.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.90 Mn |
| Dec 31, 2025 | 46.06 Mn |
| Jun 30, 2025 | 22.61 Mn |
| Mar 31, 2025 | 19.40 Mn |
| Dec 31, 2024 | 33.76 Mn |
| Jun 30, 2024 | 34.01 Mn |
| Dec 31, 2023 | 5.61 Mn |