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Ares Management Corporation  (ARES)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial

Ares Management's Working Capital Ratio

ARES's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Ares Management's Current Assets, this led to improvement in Ares Management's Working Capital Ratio to 6.15, above Ares Management Corporation average Working Capital Ratio.

Within Investment Services industry 13 other companies have achieved higher Working Capital Ratio than Ares Management in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 413, from total ranking in the third quarter 2023 at 901.

Explain Working Capital Ratio
How much in Current Assets ARES´s has?
What is the value of ARES´s Current Liabilities?


ARES Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change - -39.36 % -38.05 % -24.89 % -
Y / Y Current Assets Change - 12 % -0.4 % -15.77 % -
Working Capital Ratio MRQ 6.15 5.26 7.28 5.84 -
ARES's Total Ranking # 413 # 901 # 720 # 970 #
Seq. Current Liabilities Change -20.43 % 43.95 % 17.12 % - -
Seq. Current Assets Change -6.97 % 4.16 % 45.88 % - -



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Investment Services Industry # 14
Financial Sector # 93
Overall Market # 413


Working Capital Ratio Statistics
High Average Low
18.56 5.99 0.99
(Dec 31 2019)   (Sep 30 2019)




Financial Statements
Ares Management's Current Liabilities $ 287 Millions Visit ARES's Balance sheet
Ares Management's Current Assets $ 1,768 Millions Visit ARES's Balance sheet
Source of ARES's Sales Visit ARES's Sales by Geography


Cumulative Ares Management's Working Capital Ratio

ARES's Working Capital Ratio for the trailling 12 Months

ARES Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth - -39.36 % -38.05 % -24.89 % -
Y / Y Current Assets TTM Growth - 12 % -0.4 % -15.77 % -
Working Capital Ratio TTM 6.06 6.02 4.5 3.94 3.9
Total Ranking TTM # 154 # 632 # 318 # 630 # 0
Seq. Current Liabilities TTM Growth -20.43 % 43.95 % 17.12 % - -
Seq. Current Assets TTM Growth -6.97 % 4.16 % 45.88 % - -


On the trailing twelve months basis ARES Current Assets decreased by -6.97 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Ares Management's Working Capital Ratio to 6.06, above ARES average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Investment Services industry 13 other companies have achieved higher Working Capital Ratio than Ares Management. While Working Capital Ratio overall ranking has improved so far to 154, from total ranking during the twelve months ending third quarter 2023 at 632.

Explain Working Capital Ratio
How much in Current Assets ARES´s has?
What is the value of ARES´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Investment Services Industry # 14
Financial Sector # 93
Within the Market # 154


trailing twelve months Working Capital Ratio Statistics
High Average Low
18.56 5.99 0.99
(Dec 31 2019)   (Sep 30 2019)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Investment Services Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Bridge Investment Group Holdings Inc   14.17 $ 179.743  Millions$ 12.684  Millions
Price T Rowe Group Inc  9.36 $ 2,874.500  Millions$ 307.000  Millions
Virtus Investment Partners Inc   9.00 $ 348.678  Millions$ 38.756  Millions
Tradeweb Markets Inc   8.73 $ 2,124.644  Millions$ 243.442  Millions
Houlihan Lokey Inc   7.41 $ 743.654  Millions$ 100.319  Millions
Piper Sandler Companies  6.84 $ 212.004  Millions$ 30.979  Millions
Forge Global Holdings Inc   6.74 $ 163.104  Millions$ 24.212  Millions
Carlyle Group Inc   6.39 $ 2,131.900  Millions$ 333.800  Millions
Tpg Inc   6.31 $ 1,084.165  Millions$ 171.796  Millions
Ares Management Corporation  6.15 $ 1,768.058  Millions$ 287.259  Millions
Sei Investments Company  4.19 $ 1,478.116  Millions$ 353.047  Millions
Janus Henderson Group Plc  3.89 $ 2,455.600  Millions$ 631.000  Millions
Brightsphere Investment Group Inc   3.51 $ 146.800  Millions$ 41.800  Millions
Blackstone Inc  3.34 $ 7,615.752  Millions$ 2,277.258  Millions
Value Line Inc  3.16 $ 69.697  Millions$ 22.039  Millions
Evercore Inc   2.86 $ 2,605.217  Millions$ 910.059  Millions
Cohen and Steers Inc   2.68 $ 192.119  Millions$ 71.698  Millions
Affiliated Managers Group inc   2.61 $ 1,643.000  Millions$ 628.500  Millions
Federated Hermes Inc   2.51 $ 720.729  Millions$ 287.343  Millions
Lazard Inc   2.22 $ 1,733.635  Millions$ 781.375  Millions
Jefferies Financial Group Inc   2.02 $ 25,604.007  Millions$ 12,673.292  Millions
Alti Global Inc   1.96 $ 71.982  Millions$ 36.804  Millions
Franklin Resources Inc   1.75 $ 2,021.800  Millions$ 1,153.900  Millions
Invesco Ltd   1.68 $ 2,170.700  Millions$ 1,294.400  Millions
Cboe Global Markets Inc   1.43 $ 1,979.300  Millions$ 1,383.400  Millions
Cohen and Co Inc   1.29 $ 667.959  Millions$ 519.288  Millions
Blue Owl Capital Inc   1.27 $ 471.296  Millions$ 370.726  Millions
Robinhood Markets Inc   1.24 $ 31,790.000  Millions$ 25,545.000  Millions
The Goldman Sachs Group Inc   1.24 $ 1,101,865.000  Millions$ 891,853.000  Millions

Date modified: 2024-02-27T17:32:38+00:00



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