Ares Management LP

NYSE ARES

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Ares Management LP Days Sales Outstanding (DSO) 2 year CAGR for the year ending December 31, 2023: -3.63%

Ares Management LP Days Sales Outstanding (DSO) 2 year CAGR is -3.63% for the year ending December 31, 2023, a -4,576.64% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ares Management LP Days Sales Outstanding (DSO) for the year ending December 31, 2022 was 129.59, a 29.15% change year over year.
  • Ares Management LP Days Sales Outstanding (DSO) for the year ending December 31, 2021 was 100.34, a -22.44% change year over year.
  • Ares Management LP Days Sales Outstanding (DSO) for the year ending December 31, 2020 was 129.38, a 42.36% change year over year.
  • Ares Management LP Days Sales Outstanding (DSO) for the year ending December 31, 2019 was 90.88, a -30.66% change year over year.
NYSE: ARES

Ares Management LP

CEO Mr. Michael J. Arougheti
IPO Date May 2, 2014
Location United States
Headquarters 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067
Employees 2,868
Sector Financial Services
Industry Asset management
Description

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

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StockViz Staff

September 20, 2024

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