Ares Management (HAM:0QN) Days Payable: 173.78 (As of Mar. 2026) — 85% Above Median


HAM:0QN Ares Management Corp HAM:0QN
78 GF Score
Price €102.25
GF Value €162.24
Valuation Possible Value Trap
! 7 Warning Signs
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What is Ares Management Days Payable?

Ares Management HAM:0QN -0.10% 78 Days Payable is 173.78 as of Mar. 2026, which is 85% above its 10-year median of 93.74. GuruFocus rates HAM:0QN with a GF Score™ of 78/100 and a GF Value™ of €162.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 484 Asset Management companies, Ares Management ranks better than 69.21% on this metric.

Ares Management's average Accounts Payable for the three months ended in Mar. 2026 was €1,141 Mil. Ares Management's Cost of Goods Sold for the three months ended in Mar. 2026 was €599 Mil. Hence, Ares Management's Days Payable for the three months ended in Mar. 2026 was 173.78.

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

HAM:0QN' s Days Payable Range Over the Past 10 Years
Min: 74.25   Med: 93.74   Max: 160.05
Current: 160.05

During the past 13 years, Ares Management's highest Days Payable was 160.05. The lowest was 74.25. And the median was 93.74.

HAM:0QN's Days Payable is ranked better than
69.21% of 484 companies
in the Asset Management industry
Industry Median: 70.53 vs HAM:0QN: 160.05

Ares Management's Days Payable increased from Mar. 2025 (118.45) to Mar. 2026 (173.78). It may suggest that Ares Management delayed paying its suppliers.


Ares Management Days Payable Historical Data

* Premium members only.

The historical data trend for Ares 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.

Ares Management Days Payable Chart

Ares Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.74 92.46 102.55 115.24 147.80

Ares Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 118.45 147.35 143.09 176.72 173.78

HAM:0QN vs TROW, PFG, RJF: Days Payable Comparison

For the Asset Management subindustry, Ares 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.


Ares Management Days Payable vs Asset Management Industry

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

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


HAM:0QN
78GF Score
Ares Management Corp HAM:0QN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares 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.

Ares Management's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (656.058 + 1118.402) / 2 ) / 2191.044*365
=887.23 / 2191.044*365
=147.80

Ares Management's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1118.402 + 1162.903) / 2 ) / 598.932*365 / 4
=1140.6525 / 598.932*365 / 4
=173.78

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 173.78 mean?
Ares Management (HAM:0QN) has a Days Payable of 173.78 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ares Management and its competitors. This is 85% above median its historical median of 93.74. Over the past decade, Ares Management's Days Payable has ranged from 74.25 to 160.05. According to the industry distribution chart, Ares Management ranks #149 out of 484 companies in the Asset Management industry, placing it in the top 30.8%.
Is Ares Management's Days Payable too high?
Ares Management's current Days Payable of 173.78 is 85% above median its 10-year median of 93.74. Over the past 10 years, this metric has ranged from a low of 74.25 to a high of 160.05. The Asset Management industry median Days Payable is 70.53. Ares Management's value of 173.78 is 146.4% above this industry median. Based on the distribution chart, Ares Management ranks #149 out of 484 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ares Management has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ares Management's Days Payable compare to TROW and PFG?
According to the Asset Management industry distribution chart, Ares Management ranks #149 out of 484 companies for Days Payable. This puts Ares Management in the upper half of its industry. The industry median Days Payable is 70.53. Ares Management's value of 173.78 is 146.4% above this benchmark. Historically, Ares Management's own Days Payable has ranged from 74.25 to 160.05 over the past decade. While the company's 10-year median is 93.74 vs. the industry median of 70.53, Ares Management has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ares Management's current Days Payable of 173.78 is 146.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ares Management and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Management's current Days Payable is 173.78, which is 85% above median its own 10-year median of 93.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Management stock overvalued right now?
Based on GuruFocus' analysis, Ares Management (HAM:0QN) is currently considered Possible Value Trap. The stock's GF Value™ is €162.24, compared to a current price of €102.25 — trading 37% below its estimated fair value. The current Days Payable is 173.78, which is 85% above median its 10-year median of 93.74 and 146.4% above the Asset Management industry median of 70.53. Ares Management's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ares Management (HAM:0QN), the current Days Payable is 173.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ares Management (HAM:0QN) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Management stock appears to be undervalued. The current stock price of €102.25 is trading 37% below its estimated GF Value™ of €162.24. GuruFocus considers Ares Management to be Possible Value Trap.

Key valuation signals for HAM:0QN:

  • Days Payable: 173.78 (85% above median its 10-year median of 93.74)
  • GF Value™: €162.24 vs. price of €102.25 (37% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 146.4% above the Asset Management median (#149 of 484)

No single metric tells the full story. See the HAM:0QN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares Management Business Description

Address 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA, USA, 90067
Ares Management is one of the world's largest alternative-asset managers, with $622.5 billion in total assets under management, or AUM, including $384.9 billion in fee-earning AUM, at the end of 2025. The company has four main business segments: credit strategies ($406.9 billion in total AUM and $249.8 billion in fee-earning AUM), private equity, ($25.3 billion/$14.4 billion), real estate/real assets ($139.1 billion/$84.1 billion), and other alternatives ($51.2 billion/$36.6 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.
78GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€102.25
Price
€162.24
GF Value