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Legg Mason Inc's quarterly accounts payable increased from Dec. 2013 ($558 Mil) to Mar. 2014 ($640 Mil) but then declined from Mar. 2014 ($640 Mil) to Jun. 2014 ($382 Mil).
Legg Mason Inc's annual accounts payable declined from Mar. 2012 ($606 Mil) to Mar. 2013 ($567 Mil) but then increased from Mar. 2013 ($567 Mil) to Mar. 2014 ($640 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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Legg Mason Inc Annual Data
Legg Mason Inc Quarterly Data