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Artisan Partners Asset Management (Artisan Partners Asset Management) Days Payable : 41.64 (As of Dec. 2023)


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What is Artisan Partners Asset Management Days Payable?

Artisan Partners Asset Management's average Accounts Payable for the three months ended in Dec. 2023 was $62 Mil. Artisan Partners Asset Management's Cost of Goods Sold for the three months ended in Dec. 2023 was $137 Mil. Hence, Artisan Partners Asset Management's Days Payable for the three months ended in Dec. 2023 was 41.64.

The historical rank and industry rank for Artisan Partners Asset Management's Days Payable or its related term are showing as below:

APAM' s Days Payable Range Over the Past 10 Years
Min: 16   Med: 27.83   Max: 78.8
Current: 56.69

During the past 13 years, Artisan Partners Asset Management's highest Days Payable was 78.80. The lowest was 16.00. And the median was 27.83.

APAM's Days Payable is ranked worse than
57.51% of 466 companies
in the Asset Management industry
Industry Median: 69.44 vs APAM: 56.69

Artisan Partners Asset Management's Days Payable declined from Dec. 2022 (61.04) to Dec. 2023 (41.64). It may suggest that Artisan Partners Asset Management accelerated paying its suppliers.


Artisan Partners Asset Management Days Payable Historical Data

The historical data trend for Artisan Partners Asset Management's Days Payable 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.

* Premium members only.

Artisan Partners Asset Management Days Payable Chart

Artisan Partners Asset Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.44 78.80 59.40 35.74 39.42

Artisan Partners Asset Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.09 48.18 49.89 41.64 68.91

Competitive Comparison of Artisan Partners Asset Management's Days Payable

For the Asset Management subindustry, Artisan Partners Asset Management's Days Payable, along with its competitors' market caps and Days Payable 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.


Artisan Partners Asset Management's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Days Payable distribution charts can be found below:

* The bar in red indicates where Artisan Partners Asset Management's Days Payable falls into.



Artisan Partners Asset Management Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Artisan Partners Asset Management's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (50.772 + 63.589) / 2 ) / 529.395*365
=57.1805 / 529.395*365
=39.42

Artisan Partners Asset Management's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (61.251 + 63.589) / 2 ) / 136.802*365 / 4
=62.42 / 136.802*365 / 4
=41.64

* 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.


Artisan Partners Asset Management Days Payable Related Terms

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Artisan Partners Asset Management (Artisan Partners Asset Management) Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.
Executives
Laura Ellen Simpson officer: Exec VP, CLO & Secretary 875 E WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Gregory K Ramirez officer: Senior Vice President 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Samuel Bentson Sellers officer: Executive Vice President 875 E WISCONSIN AVENUE SUITE 800, MILWAUKEE WI 53202
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Saloni S Multani director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Eileen Lee Kwei officer: Executive Vice President ONE CALIFORNIA STREET SUITE 2800, SAN FRANCISCO CA 94111
Jason A Gottlieb officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Jennifer Barbetta director ARTISAN PARTNERS ASSET MANAGEMENT INC., 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Christopher J Krein officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Zfic, Inc. director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Carlene M Ziegler director C/O ARTISAN PARTNERS LIMITED PARTNERSHIP, 875 EAST WISCONSIN AVE STE 800, MILWAUKEE WI 53202
Andrew A Ziegler director C/O ZIEGLER FAMILY OFFICE, 100 N. CORPORATE DRIVE, SUITE 190, BROOKFIELD WI 53045
Artisan Investment Corp director 875 EAST WISONSIN AVE STE 800, MILWAUKEE WI 53202
Hamman James S Jr officer: Executive Vice President 70 MUIRFIELD CIRCLE, WHEATON IL 60187
Stephanie Dimarco director 301 BRANNAN ST, SAN FRANCISCO CA 94107