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Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Accounts Payable & Accrued Expense : $0.56 Mil (As of Sep. 2020)


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What is Western Asset Variable Rate Strategic Fd Accounts Payable & Accrued Expense?

Western Asset Variable Rate Strategic Fd's quarterly accounts payable & accrued expense declined from Sep. 2019 ($23.29 Mil) to Mar. 2020 ($22.22 Mil) and declined from Mar. 2020 ($22.22 Mil) to Sep. 2020 ($0.56 Mil).

Western Asset Variable Rate Strategic Fd's annual accounts payable & accrued expense declined from Sep. 2018 ($24.33 Mil) to Sep. 2019 ($23.29 Mil) and declined from Sep. 2019 ($23.29 Mil) to Sep. 2020 ($0.56 Mil).

Western Asset Variable Rate Strategic Fd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Western Asset Variable Rate Strategic Fd'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 Asset Variable Rate Strategic Fd Accounts Payable & Accrued Expense Chart

Western Asset Variable Rate Strategic Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20
Accounts Payable & Accrued Expense
29.51 24.33 23.29 0.56

Western Asset Variable Rate Strategic Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 24.33 25.59 23.29 22.22 0.56

Western Asset Variable Rate Strategic Fd 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 Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Variable Rate Strategic Fd Inc. (NYSE:GFY) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018
Website
https://www.leggmason.com
Western Asset Variable Rate Strategic Fd Inc. is a non-diversified, closed-end management investment company. Its investment objective is to maintain a high level of current income by investing in variable rate instruments of U.S. and non-U.S. issuers. The fund invests in various sectors such as energy, materials and healthcare 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
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker 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
Relative Value Partners Group, Llc other: QUALIFIED INSTITUTION MANAGER 1033 SKOKIE BLVD., SUITE 470, NORTHBROOK IL 60062
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
Todd F Kuehl officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Kenneth Fuller director, officer: CEO, Pres. & Chairman, other: CEO & Pres. Of Manager 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202