Switch to:
Legg Mason Inc (NYSE:LM)
Accounts Payable & Accrued Expense
$539 Mil (As of Dec. 2015)

Legg Mason Inc's quarterly accounts payable & accrued expense increased from Jun. 2015 ($395 Mil) to Sep. 2015 ($457 Mil) and increased from Sep. 2015 ($457 Mil) to Dec. 2015 ($539 Mil).

Legg Mason Inc's annual accounts payable & accrued expense increased from Mar. 2013 ($567 Mil) to Mar. 2014 ($640 Mil) but then declined from Mar. 2014 ($640 Mil) to Mar. 2015 ($608 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Legg Mason Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
Accounts Payable & Accrued Expense 1,0237201,099775688576606567640608

Legg Mason Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accounts Payable & Accrued Expense 470558640382472582608395457539
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK