Ares Capital (Ares Capital) Days Payable : 0.00 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ares Capital Days Payable?

Ares Capital's average Accounts Payable for the three months ended in Mar. 2024 was $329.00 Mil. Ares Capital's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for Ares Capital's Days Payable or its related term are showing as below:

AFC's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 67.07
* Ranked among companies with meaningful Days Payable only.

Ares Capital's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Ares Capital Days Payable Historical Data

The historical data trend for Ares Capital'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.

Ares Capital Days Payable Chart

Ares Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

Ares Capital 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															-	-	-	-	-

Competitive Comparison of Ares Capital's Days Payable

For the Asset Management subindustry, Ares Capital'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.

Ares Capital's Days Payable Distribution in the Asset Management Industry

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

* The bar in red indicates where Ares Capital's Days Payable falls into.

Ares Capital 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.

Ares Capital'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
=	( (294	+	373)	/	2 )	/	0	*	365
=	333.5					/	0	*	365
=	N/A

Ares Capital's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (373	+	285)	/	2 )	/	0	*	365 / 4
=	329					/	0	*	365 / 4
=	N/A

Ares Capital Days Payable Related Terms

Thank you for viewing the detailed overview of Ares Capital's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ares Capital (Ares Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Capital Corp (NYSE:AFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARCC:USA 9A2:Germany

Address

245 Park Avenue, 44th Floor, New York, NY, USA, 10167

Website

https://www.arescapitalcorp.com

Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.