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
DateValue
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