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Legg Mason, Inc. (NYSE:LM)
Accounts Payable
$558 Mil (As of Dec. 2013)

Legg Mason, Inc.'s quarterly accounts payable increased from Jun. 2013 ($396 Mil) to Sep. 2013 ($470 Mil) and increased from Sep. 2013 ($470 Mil) to Dec. 2013 ($558 Mil).

Legg Mason, Inc.'s annual accounts payable increased from Mar. 2011 ($576 Mil) to Mar. 2012 ($606 Mil) but then declined from Mar. 2012 ($606 Mil) to Mar. 2013 ($567 Mil).


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

Accts Payable 02891,0237201,099775688576606567

Legg Mason, Inc. Quarterly Data

Accts Payable 483548606382476417567396470558
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