Nuveen Churchill Direct Lending (NCDL) Change in Account Payables (2022 - 2025)
Nuveen Churchill Direct Lending (NCDL) reported Change in Account Payables of -$15.0 million for Q4 2025, down 220.48% on a YoY basis from $12.4 million in Q4 2024, and down 200.67% sequentially from $14.9 million in Q3 2025.
Nuveen Churchill Direct Lending (NCDL) Change in Account Payables (2022 - 2025) Analysis & Trends
Nuveen Churchill Direct Lending (NCDL) has 4 years of Change in Account Payables data on file, last reported at -$15.0 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Account Payables fell 220.48% year-over-year to -$15.0 million; the trailing twelve-month figure through Mar 2026 stood at -$6.6 million (down 191.32% YoY), and the FY2025 full-year result was -$15.0 million, down 200.0% from the prior year.
- Change in Account Payables slipped to -$15.0 million in Q4 2025, from $14.9 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $24.2 million in Q4 2022 to a low of -$25.9 million in Q3 2022.
- A 4-year average of -$130000.0 and a median of -$1000.0 in 2022 frame the typical range for Change in Account Payables.
- Peak annual rise in Change in Account Payables reached 368.18% in 2025, while the deepest fall reached 1216.93% in 2025.
- Tracing NCDL's Change in Account Payables over 4 years: stood at $24.2 million in 2022, then sank by 100.23% to -$56000.0 in 2023, then surged by 22292.86% to $12.4 million in 2024, then tumbled by 220.48% to -$15.0 million in 2025.
- Business Quant data shows NCDL's Change in Account Payables at -$15.0 million in Q4 2025, $14.9 million in Q3 2025, and -$6.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | -24.18 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -259.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 728.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 616.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 598.08 Mn | 595.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -14.97 Mn |
| Dec 31, 2025 | -14.97 Mn |
| Sep 30, 2025 | 14.87 Mn |
| Sep 30, 2025 | 14.87 Mn |
| Jun 30, 2025 | -6.55 Mn |
| Jun 30, 2025 | -6.55 Mn |
| Mar 31, 2025 | -8.32 Mn |
| Mar 31, 2025 | -8.32 Mn |
| Dec 31, 2024 | 12.43 Mn |
| Dec 31, 2024 | 12.43 Mn |
| Sep 30, 2024 | 3.18 Mn |
| Sep 30, 2024 | 3.18 Mn |
| Mar 31, 2024 | -632,000.00 |
| Mar 31, 2024 | -632,000.00 |
| Jun 30, 2023 | -56,000.00 |
| Jun 30, 2023 | -56,000.00 |
| Dec 31, 2022 | 24.23 Mn |
| Dec 31, 2022 | 24.23 Mn |
| Sep 30, 2022 | -25.85 Mn |
| Sep 30, 2022 | -25.85 Mn |