GDL Fund (GDL Fund) Accounts Payable & Accrued Expense : $2.45 Mil (As of Dec. 2023)

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What is GDL Fund Accounts Payable & Accrued Expense?

GDL Fund's quarterly accounts payable & accrued expense increased from Dec. 2022 ($1.14 Mil) to Jun. 2023 ($4.05 Mil) but then declined from Jun. 2023 ($4.05 Mil) to Dec. 2023 ($2.45 Mil).

GDL Fund's annual accounts payable & accrued expense declined from Dec. 2021 ($1.47 Mil) to Dec. 2022 ($1.14 Mil) but then increased from Dec. 2022 ($1.14 Mil) to Dec. 2023 ($2.45 Mil).

GDL Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for GDL 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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GDL Fund Accounts Payable & Accrued Expense Chart

GDL Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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61.64

13.80

1.47

1.14

2.45

GDL Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								1.47	2.82	1.14	4.05	2.45

GDL 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.

GDL Fund (GDL Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GDL Fund (NYSE:GDL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GDLpC.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.

Executives

Mario J Gabelli	other: Trustee	191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	other: Trustee
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gpj Retirement Partners, Llc	other: Limited Liability Company	1 CORPORATE CENTER, RYE NY 10580
Gabelli Securities Inc	other: Subsidiary of GAMCO	ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership	other: Partnership
Relative Value Partners, Llc	10 percent owner	1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062
Clarence A Davis	other: Trustee	ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Edward T Tokar	other: Trustee
Arthur V Ferrara	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580