GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Affiliated Managers Group Inc (FRA:AFS) » Definitions » Accounts Payable & Accrued Expense

Affiliated Managers Group (FRA:AFS) Accounts Payable & Accrued Expense : €583 Mil (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Affiliated Managers Group Accounts Payable & Accrued Expense?

Affiliated Managers Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€596 Mil) to Dec. 2023 (€293 Mil) but then increased from Dec. 2023 (€293 Mil) to Mar. 2024 (€583 Mil).

Affiliated Managers Group's annual accounts payable & accrued expense increased from Dec. 2021 (€216 Mil) to Dec. 2022 (€377 Mil) but then declined from Dec. 2022 (€377 Mil) to Dec. 2023 (€293 Mil).


Affiliated Managers Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Affiliated Managers Group's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Affiliated Managers Group Accounts Payable & Accrued Expense Chart

Affiliated Managers Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.79 256.79 215.59 377.22 292.71

Affiliated Managers Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 602.71 556.11 596.12 292.71 583.37

Affiliated Managers Group Accounts Payable & Accrued Expense Calculation

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.


Affiliated Managers Group (FRA:AFS) Business Description

Traded in Other Exchanges
Address
777 South Flagler Drive, West Palm Beach, FL, USA, 33401
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to midsize boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of September 2023, AMG's affiliate network—which includes firms like AQR Capital Management, and Pantheon in alternative assets and other products (which accounted for 36% of AUM), Artemis, Genesis, Harding Loevner, and Tweedy Browne in global and emerging-market equities (27%) and Frontier, River Road, Parnassus, and Yacktman in U.S. equities (21%)—had $635.8 billion in managed assets.

Affiliated Managers Group (FRA:AFS) Headlines

No Headlines