Oxford Lane Capital (Oxford Lane Capital) Accounts Payable & Accrued Expense : $28.68 Mil (As of Mar. 2024)

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What is Oxford Lane Capital Accounts Payable & Accrued Expense?

Oxford Lane Capital's quarterly accounts payable & accrued expense increased from Mar. 2023 ($19.81 Mil) to Sep. 2023 ($23.95 Mil) and increased from Sep. 2023 ($23.95 Mil) to Mar. 2024 ($28.68 Mil).

Oxford Lane Capital's annual accounts payable & accrued expense increased from Mar. 2022 ($14.88 Mil) to Mar. 2023 ($19.81 Mil) and increased from Mar. 2023 ($19.81 Mil) to Mar. 2024 ($28.68 Mil).

Oxford Lane Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oxford Lane Capital'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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Oxford Lane Capital Accounts Payable & Accrued Expense Chart

Oxford Lane Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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8.37

9.95

14.88

19.81

28.68

Oxford Lane Capital Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														14.88	15.36	19.81	23.95	28.68

Oxford Lane Capital 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.

Oxford Lane Capital (Oxford Lane Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Lane Capital Corp (NAS:OXLCP.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

OXLCM.PFD:USA OXLC:USA

Address

8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830

Website

https://www.oxfordlanecapital.com

Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.