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Legg Mason Inc's quarterly accounts payable & accrued expense increased from Jun. 2016 ($440 Mil) to Sep. 2016 ($553 Mil) and increased from Sep. 2016 ($553 Mil) to Dec. 2016 ($660 Mil).
Legg Mason Inc's annual accounts payable & accrued expense declined from Mar. 2014 ($640 Mil) to Mar. 2015 ($608 Mil) but then increased from Mar. 2015 ($608 Mil) to Mar. 2016 ($632 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Legg Mason Inc Annual Data
|Accounts Payable & Accrued Expense||720||1,099||775||688||576||606||567||640||608||632|
Legg Mason Inc Quarterly Data
|Accounts Payable & Accrued Expense||472||582||608||395||457||539||632||440||553||660|