Legg Mason (Legg Mason) Change In Payables And Accrued Expense : $-8 Mil (TTM As of Jun. 2020)

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What is Legg Mason Change In Payables And Accrued Expense?

Legg Mason's Change In Payables And Accrued Expense for the quarter that ended in Jun. 2020 was $9 Mil. It means Legg Mason's Accounts Payable & Accrued Expense increased by $9 Mil from Mar. 2020 to Jun. 2020 .

Legg Mason's Change In Payables And Accrued Expense for the fiscal year that ended in Mar. 2020 was $-26 Mil. It means Legg Mason's Accounts Payable & Accrued Expense declined by $26 Mil from Mar. 2019 to Mar. 2020 .

Legg Mason Change In Payables And Accrued Expense Historical Data

The historical data trend for Legg Mason's Change In Payables And 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.

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Legg Mason Change In Payables And Accrued Expense Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Change In Payables And Accrued Expense

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-7.59

-16.08

-8.96

9.55

-26.40

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-10.30	-27.38	12.41	-1.15	8.56

Legg Mason Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

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Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Change In Payables And Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.