IGM Financial (IGM Financial) Accounts Payable & Accrued Expense : $468 Mil (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is IGM Financial Accounts Payable & Accrued Expense?

IGM Financial's quarterly accounts payable & accrued expense declined from Jun. 2023 ($338 Mil) to Sep. 2023 ($330 Mil) but then increased from Sep. 2023 ($330 Mil) to Dec. 2023 ($468 Mil).

IGM Financial's annual accounts payable & accrued expense declined from Dec. 2021 ($640 Mil) to Dec. 2022 ($502 Mil) and declined from Dec. 2022 ($502 Mil) to Dec. 2023 ($468 Mil).

IGM Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for IGM Financial'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.

IGM Financial Accounts Payable & Accrued Expense Chart

IGM Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

458.65

511.57

639.95

502.50

468.41

IGM Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															502.50	297.73	338.46	330.20	468.41

IGM Financial 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.

IGM Financial (IGM Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IGM Financial Inc (OTCPK:IGIFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

C7G:Germany IGM:Canada

Address

447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5

Website

https://www.igmfinancial.com

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management subsidiary)—that provide investment management products and services. IGM had CAD 215.3 billion in assets under management, or AUM, and CAD 35.0 billion in assets under advisement, or AUA, at the end of October 2023. Investment Planning Counsel is now being accounted for as a discontinued operation, having been sold earlier this year, with the deal closed in November 2023.

IGM Financial (IGM Financial) Headlines

From GuruFocus

Mackenzie Investments Selects Bloomberg to Streamline and Automate ETF Management

By PRNewswire PRNewswire • 10-26-2021

CAMRADATA 2022 IQ Awards Recognize Multiple Mackenzie Investments Strategies

By PRNewswire PRNewswire • 03-23-2022