Western Assetorate Loan Fund (Western Assetorate Loan Fund) Accounts Payable & Accrued Expense : $7.36 Mil (As of Sep. 2020)

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What is Western Assetorate Loan Fund Accounts Payable & Accrued Expense?

Western Assetorate Loan Fund's quarterly accounts payable & accrued expense increased from Sep. 2019 ($18.69 Mil) to Mar. 2020 ($18.78 Mil) but then declined from Mar. 2020 ($18.78 Mil) to Sep. 2020 ($7.36 Mil).

Western Assetorate Loan Fund's annual accounts payable & accrued expense increased from Sep. 2018 ($18.16 Mil) to Sep. 2019 ($18.69 Mil) but then declined from Sep. 2019 ($18.69 Mil) to Sep. 2020 ($7.36 Mil).

Western Assetorate Loan Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Western Assetorate Loan 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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Western Assetorate Loan Fund Accounts Payable & Accrued Expense Chart

Western Assetorate Loan Fund Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Accounts Payable & Accrued Expense

12.67

18.16

18.69

7.36

Western Assetorate Loan Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			18.16	32.24	18.69	18.78	7.36

Western Assetorate Loan 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.

Western Assetorate Loan Fund (Western Assetorate Loan Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Corporate Loan Fund Inc (NYSE:TLI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018

Website

https://www.leggmason.com

Western Asset Corporate Loan Fund Inc is the United States-based non-diversified, closed-end management investment company. Its investment objective is to maximize current income consistent with prudent efforts to preserve capital. The fund invests primarily in floating or variable-rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries and geographic regions. Its portfolio of investments consists of different sectors such as capital goods, communications, transportation, healthcare, real estate, and others.

Executives

Brian Eakes	other: Manager/Investment Manager	100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson	other: Manager/Investment Manager	3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt	officer: Secretary and Ch Lgl Officer	C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker	other: Director of Sub-Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls	other: Director of Sub-Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson	other: Director of Sub-Adviser	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen	officer: Chief Compliance Officer	LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos	10 percent owner	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882
Christopher Berarducci	officer: Treas/Principal Finan Officer	LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Paolo M Cucchi	director	DEAN OF COLLEGE OF LIBERAL ARTS, DDREW UNIVESITY 108 BROTHERS COLLEGE, MADISON NJ 07940
Nisha Kumar	director	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
William R Hutchinson	director	535 N MICHIGAN STE 1012, CHICAGO IL 60611