Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Accounts Payable & Accrued Expense : $1.37 Mil (As of Feb. 2024)

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What is Allspring Utilities and Highome Fund Accounts Payable & Accrued Expense?

Allspring Utilities and Highome Fund's quarterly accounts payable & accrued expense declined from Feb. 2023 ($1.05 Mil) to Aug. 2023 ($0.95 Mil) but then increased from Aug. 2023 ($0.95 Mil) to Feb. 2024 ($1.37 Mil).

Allspring Utilities and Highome Fund's annual accounts payable & accrued expense declined from Aug. 2021 ($1.46 Mil) to Aug. 2022 ($1.34 Mil) and declined from Aug. 2022 ($1.34 Mil) to Aug. 2023 ($0.95 Mil).

Allspring Utilities and Highome Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Allspring Utilities and Highome 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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Allspring Utilities and Highome Fund Accounts Payable & Accrued Expense Chart

Allspring Utilities and Highome Fund Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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7.61

1.01

1.46

1.34

0.95

Allspring Utilities and Highome Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.63	1.34	1.05	0.95	1.37

Allspring Utilities and Highome 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.

Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Utilities and High Income Fund (AMEX:ERH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203

Website

https://www.allspringglobal.com

Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company's investment portfolio includes direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. It also invests in various industries which includes auto components, hotels, household durables, media, specialty retail, apparel, oil, gas, consumable fuels, industrials, information technology, telecommunication services, financial and healthcare. Its investment advisor is Wells Fargo Funds Management LLC.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch	officer: Chief Complaince Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Jack E Spudich	other: Portfolio Manager	1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Kent A Newcomb	other: Portfolio Manager	1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Daniel J. Mavico	officer: Chief Compliance Officer	401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf	other: Share Repurchase Committee Mem	WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Andrew R Tuttle	officer: Portfolio Mgr.	25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043
William R. Ebsworth	director	WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105