Nuveen Churchill Direct Lending (NCDL) Accounts Payables (2022 - 2026)
Nuveen Churchill Direct Lending's Accounts Payables came in at $2.47 million for Q2 2026, down 3.3% from $2.55 million a year earlier and down 51.0% from the prior quarter.
Nuveen Churchill Direct Lending (NCDL) Accounts Payables (2022 - 2026) Analysis & Trends
At the end of FY2025, Nuveen Churchill Direct Lending's Accounts Payables was $3.9 million, up 6.8% from FY2024.
- Accounts Payables has increased in each of the last three years, with a three-year compound annual growth rate of 14.7% (FY2022 to FY2025).
- Going back by year, Accounts Payables was $3.65 million in FY2024 (+30.9%), $2.79 million in FY2023 (+8.0%) and $2.58 million in FY2022.
- The Q2 2026 figure represents the lowest quarterly Accounts Payables in data going back to Q4 2022.
- Year-over-year, Accounts Payables increased in four of the last eight quarters, with growth averaging 4.3%.
- The fastest year-over-year change in Accounts Payables over five years came in Q1 2026 (growth of 40.1%), and the weakest in Q3 2024 (a decline of 17.6%).
- Business Quant data shows NCDL's Accounts Payables at $5.03 million (Q1 2026), $3.9 million (Q4 2025) and $3.06 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 4.17 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 2.04 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 4.64 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 258.87 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 167.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 555.60 Mn | 555.60 Mn | - | 2.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47 Mn |
| Mar 31, 2026 | 5.03 Mn |
| Dec 31, 2025 | 3.90 Mn |
| Sep 30, 2025 | 3.06 Mn |
| Jun 30, 2025 | 2.55 Mn |
| Mar 31, 2025 | 3.59 Mn |
| Dec 31, 2024 | 3.65 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 2.93 Mn |
| Mar 31, 2024 | 4.07 Mn |
| Dec 31, 2023 | 2.79 Mn |
| Sep 30, 2023 | 3.64 Mn |
| Jun 30, 2023 | 2.92 Mn |
| Mar 31, 2023 | 3.81 Mn |
| Dec 31, 2022 | 2.58 Mn |
Nuveen Churchill Direct Lending Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=NCDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();