Gabelli Utility Trust (Gabelli Utility Trust) Accounts Payable & Accrued Expense

: $0.65 Mil (As of Dec. 2023)

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Gabelli Utility Trust's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1.15 Mil) to Jun. 2023 ($0.92 Mil) and declined from Jun. 2023 ($0.92 Mil) to Dec. 2023 ($0.65 Mil).

Gabelli Utility Trust's annual accounts payable & accrued expense declined from Dec. 2021 ($1.56 Mil) to Dec. 2022 ($1.15 Mil) and declined from Dec. 2022 ($1.15 Mil) to Dec. 2023 ($0.65 Mil).

Gabelli Utility Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gabelli Utility 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 Utility Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

13.92

1.22

1.56

1.15

0.65

Gabelli Utility Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense									1.56	1.16	1.15	0.92	0.65

Gabelli Utility 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 Utility Trust (Gabelli Utility Trust) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GUT:USA

Address

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

Website

https://www.gabelli.com

Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.