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Man Group (FRA:MN3) Accounts Payable & Accrued Expense : €606 Mil (As of Dec. 2023)


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What is Man Group Accounts Payable & Accrued Expense?

Man Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (€857 Mil) to Jun. 2023 (€552 Mil) but then increased from Jun. 2023 (€552 Mil) to Dec. 2023 (€606 Mil).

Man Group's annual accounts payable & accrued expense increased from Dec. 2021 (€229 Mil) to Dec. 2022 (€857 Mil) but then declined from Dec. 2022 (€857 Mil) to Dec. 2023 (€606 Mil).


Man Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Man 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.

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Man Group Accounts Payable & Accrued Expense Chart

Man 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 199.80 198.92 229.22 857.15 606.14

Man Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 229.22 660.31 857.15 551.95 606.14

Man 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.


Man Group (FRA:MN3) Business Description

Industry
Traded in Other Exchanges
Address
2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is a investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. Man divides its reported funds under management by four material segments, including momentum strategies, multi- strategy, sector-based, and alpha capture strategies. The momentum strategy utilizes algorithms to identify trends and to exhibit low correlation with other asset classes. Multi-asset strategies compose a mix of high-conviction systematic models of liquid assets. The alpha capture strategy constructs a long-only portfolio of best ideas from specific equity brokers. Revenue is generated primarily through management fees and secondarily through performance fees.

Man Group (FRA:MN3) Headlines

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