Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Accounts Payable & Accrued Expense : $28.31 Mil (As of Dec. 2023)

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What is Ares Dynamic Credit Allocation Fund Accounts Payable & Accrued Expense?

Ares Dynamic Credit Allocation Fund's quarterly accounts payable & accrued expense increased from Dec. 2022 ($23.06 Mil) to Jun. 2023 ($30.14 Mil) but then declined from Jun. 2023 ($30.14 Mil) to Dec. 2023 ($28.31 Mil).

Ares Dynamic Credit Allocation Fund's annual accounts payable & accrued expense declined from Dec. 2021 ($33.58 Mil) to Dec. 2022 ($23.06 Mil) but then increased from Dec. 2022 ($23.06 Mil) to Dec. 2023 ($28.31 Mil).

Ares Dynamic Credit Allocation Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ares Dynamic Credit Allocation Fund'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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Ares Dynamic Credit Allocation Fund Accounts Payable & Accrued Expense Chart

Ares Dynamic Credit Allocation Fund Annual Data

Trend

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19.89

23.03

33.58

23.06

28.31

Ares Dynamic Credit Allocation Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								33.58	16.13	23.06	30.14	28.31

Ares Dynamic Credit Allocation Fund 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.

Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.arespublicfunds.com

Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).

Executives

John Joseph Shaw	director	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Elaine Orr	director	143 MAGNOLIA AVENUE, MILLBRAE CA 94030
Bruce H Spector	director	APOLLO ADVISORS LP, 2 MANHATTANVILLE ROAD, PURCHASE NY 10577
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Aviva Life & Annuity Co	10 percent owner	7700 MILLS CIVIC PARKWAY, WEST DES MOINES IA 50266
Aisg Gp Ltd.	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTER, 27 HOSPITAL RD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Athene Usa Corp	10 percent owner	7700 MILLS CIVIC PARWAY, WEST DES MOINES IA 50266
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Athene Holding Ltd	10 percent owner	SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Apollo Insurance Solutions Group Lp	10 percent owner	2121 ROSECRANS AVE, STE 5300, EL SEGUNDO CA 90245
Athene Annuity & Life Assurance Co	10 percent owner	400 BROOKFIELD PARKWAY, GREENVILLE SC 29607
Sun Life Assurance Co Of Canada	10 percent owner	ONE YORK STREET, TORONTO A6 M5J 0B6
Apollo Management Holdings, L.p.	10 percent owner	9 W. 57TH STREET, NEW YORK NY 10019
Apollo Capital Management Gp, Llc	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Capital Management, L.p.	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019