Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Accounts Payable & Accrued Expense : $0.66 Mil (As of Dec. 2023)

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What is Gabelli Healthcare & WellnessRx Trust Accounts Payable & Accrued Expense?

Gabelli Healthcare & WellnessRx Trust's quarterly accounts payable & accrued expense declined from Dec. 2022 ($3.85 Mil) to Jun. 2023 ($0.55 Mil) but then increased from Jun. 2023 ($0.55 Mil) to Dec. 2023 ($0.66 Mil).

Gabelli Healthcare & WellnessRx Trust's annual accounts payable & accrued expense declined from Dec. 2021 ($6.58 Mil) to Dec. 2022 ($3.85 Mil) and declined from Dec. 2022 ($3.85 Mil) to Dec. 2023 ($0.66 Mil).

Gabelli Healthcare & WellnessRx Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx Trust'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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Gabelli Healthcare & WellnessRx Trust Accounts Payable & Accrued Expense Chart

Gabelli Healthcare & WellnessRx Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.11

4.05

6.58

3.85

0.66

Gabelli Healthcare & WellnessRx Trust 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								6.58	0.37	3.85	0.55	0.66

Gabelli Healthcare & WellnessRx Trust 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.

Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Healthcare & WellnessRx Trust (NYSE:GRXpB.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GRX:USA

Address

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

Website

https://www.gabelli.com

Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.