Ares Management (Ares Management) Days Sales Outstanding : 7.88 (As of Dec. 2023)

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What is Ares Management Days Sales Outstanding?

Ares Management's average Accounts Receivable for the three months ended in Dec. 2023 was $129 Mil. Ares Management's Revenue for the three months ended in Dec. 2023 was $1,491 Mil. Hence, Ares Management's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.88.

The historical rank and industry rank for Ares Management's Days Sales Outstanding or its related term are showing as below:

ARES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.88 Med: 12.97 Max: 170.51
Current: 9.14

During the past 13 years, Ares Management's highest Days Sales Outstanding was 170.51. The lowest was 7.88. And the median was 12.97.

ARES's Days Sales Outstanding is ranked better than
86.96% of 514 companies
in the Asset Management industry
Industry Median: 50.06 vs ARES: 9.14

Ares Management's Days Sales Outstanding declined from Dec. 2022 (9.26) to Dec. 2023 (7.88).

Ares Management Days Sales Outstanding Historical Data

The historical data trend for Ares Management's Days Sales Outstanding 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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Ares Management Days Sales Outstanding Chart

Ares Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.04

7.96

7.88

13.73

9.14

Ares Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															9.26	10.48	-	-	7.88

Competitive Comparison of Ares Management's Days Sales Outstanding

For the Asset Management subindustry, Ares Management's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ares Management's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Management's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ares Management's Days Sales Outstanding falls into.

Ares Management Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Ares Management's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (120.903	+	128.756)	/	2 )	/	4986.978	*	365
=	124.8295					/	4986.978	*	365
=	9.14

Ares Management's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	128.756)	/	1 )	/	1490.859	*	365 / 4
=	128.756					/	1490.859	*	365 / 4
=	7.88

Ares Management (NYSE:ARES) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Ares Management Days Sales Outstanding Related Terms

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Ares Management (Ares Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (NYSE:ARES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0QN:Germany

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.aresmgmt.com

Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.

Executives

Michael J Arougheti	director, officer: Co-Founder & President	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bennett Rosenthal	director, officer: Co-Founder & Senior Partner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan	director, officer: Co-Founder & Senior Partner	1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Ryan Berry	officer: Ptr, Chief Mktg. & Strat. Off.	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
R. Kipp Deveer	officer: Partner	245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Ashish Bhutani	director
Judy D. Olian	director	2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
Aghili Naseem Sagati	officer: General Counsel	2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Bush Antoinette Cook	director	NORTHPOINT TECHNOLOGY, 444 N CAPITOL STREET NW STE 645, WASHINGTON DC 20001
Antony P Ressler	director, officer: Chairman, CEO, Co-Founder	1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Eileen Naughton	director	C/O GOOGLE INC., 76 NINTH AVENUE, 4TH FLOOR, NEW YORK NY 10011
Ares Management Corp	officer: Chief Financial Officer	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Jarrod Phillips	officer: Chief Financial Officer	C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Michael R Mcferran	officer: EVP, CFO & Treasurer	555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Michael D Weiner	officer: EVP, CLO & Secretary	10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES CA 90067-6229