Ares Management (STU:0QN) Accounts Payable & Accrued Expense : €3,362 Mil (As of Dec. 2023)

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What is Ares Management Accounts Payable & Accrued Expense?

Ares Management's quarterly accounts payable & accrued expense increased from Jun. 2023 (€3,526 Mil) to Sep. 2023 (€3,532 Mil) but then declined from Sep. 2023 (€3,532 Mil) to Dec. 2023 (€3,362 Mil).

Ares Management's annual accounts payable & accrued expense declined from Dec. 2021 (€3,443 Mil) to Dec. 2022 (€3,071 Mil) but then increased from Dec. 2022 (€3,071 Mil) to Dec. 2023 (€3,362 Mil).

Ares Management Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ares Management'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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Ares Management Accounts Payable & Accrued Expense Chart

Ares Management Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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1,396.25

1,291.94

3,442.91

3,071.25

3,361.67

Ares Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,312.80	3,525.57	3,532.38	3,361.67	-

Ares Management 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.

Ares Management (STU:0QN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (STU:0QN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ARES:USA 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.

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