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IGM Financial (FRA:C7G) Accounts Payable & Accrued Expense : €309 Mil (As of Sep. 2024)


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What is IGM Financial Accounts Payable & Accrued Expense?

IGM Financial's quarterly accounts payable & accrued expense increased from Mar. 2024 (€255 Mil) to Jun. 2024 (€298 Mil) and increased from Jun. 2024 (€298 Mil) to Sep. 2024 (€309 Mil).

IGM Financial's annual accounts payable & accrued expense declined from Dec. 2021 (€566 Mil) to Dec. 2022 (€474 Mil) and declined from Dec. 2022 (€474 Mil) to Dec. 2023 (€430 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.

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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 Premium Member Only Premium Member Only 412.78 420.51 566.35 474.36 429.54

IGM Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 309.40 429.54 254.52 297.73 308.71

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 Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IGM Financial Inc (FRA:C7G) » Definitions » Accounts Payable & Accrued Expense
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IGIFF:USA 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 holds a 62% equity stake in IGM Financial as well as stakes in 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 IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.

IGM Financial Headlines

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