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
DateValue
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