Ares Management (ARES) Change in Accured Expenses (2013 - 2016)
Ares Management's (ARES) quarterly Change in Accured Expenses came in at $2.5 million in Q4 2016, up 119.22% on a YoY basis from $1.1 million in Q1 2016, and down 93.55% quarter-over-quarter from $38.8 million in Q3 2016.
Analysis
Ares Management (ARES) Change in Accured Expenses (2013 - 2016) Analysis & Trends
Ares Management (ARES) has reported Change in Accured Expenses for 4 consecutive years, with $2.5 million the latest figure, recorded in Q4 2016.
- For the quarter ending Q4 2016, Change in Accured Expenses rose 119.22% year-over-year to $2.5 million; the trailing twelve-month figure through Dec 2016 stood at $9.2 million (up 124.68% YoY), and the FY2025 full-year result was $92.0 million, down 38.02% from the prior year.
- Change in Accured Expenses eased to $2.5 million in Q4 2016 per ARES's latest filing, from $38.8 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $150.6 million in Q2 2014 and bottomed at -$77.4 million in Q1 2014.
- Historically, Change in Accured Expenses has averaged $6.7 million across 4 years, with a median of $20.6 million in 2013.
- The widest YoY moves for Change in Accured Expenses: up 661.13% in 2014, down 460.69% in 2014.
- Over 4 years, Change in Accured Expenses stood at $27.8 million in 2013, then tumbled by 37.95% to $17.3 million in 2014, then sank by 175.5% to -$13.0 million in 2015, then jumped by 119.22% to $2.5 million in 2016.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $2.5 million, $38.8 million, and $36.9 million for Q4 2016, Q3 2016, and Q2 2016 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 96.72 Bn | 99.15 Bn | - | -244.18 Mn |
| 2 | Kkr | 90.68 Bn | -186.39 Bn | - | 834.56 Mn |
| 3 | Brookfield | 85.87 Bn | 55.31 Bn | 19.38 Bn | - |
| 4 | Brookfield Asset Management | 75.45 Bn | 75.19 Bn | - | - |
| 5 | Apollo Global Management | 74.29 Bn | 69.40 Bn | 10.54 Bn | - |
| 6 | Wheaton Precious Metals | 69.98 Bn | 69.88 Bn | 687.86 Mn | - |
| 7 | Franco Nevada | 51.32 Bn | 49.78 Bn | 451.00 Mn | 9.20 Mn |
| 8 | Ares Management | 47.41 Bn | 52.33 Bn | - | - |
| 9 | Tpg | 18.64 Bn | 20.20 Bn | - | 180.71 Mn |
| 10 | Blue Owl Capital | 16.46 Bn | 19.91 Bn | - | 109.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2016 | 2.50 Mn |
| Sep 30, 2016 | 38.84 Mn |
| Jun 30, 2016 | 36.93 Mn |
| Mar 31, 2016 | -69.09 Mn |
| Dec 31, 2015 | -13.02 Mn |
| Sep 30, 2015 | 24.17 Mn |
| Jun 30, 2015 | 26.39 Mn |
| Mar 31, 2015 | -74.74 Mn |
| Dec 31, 2014 | 17.25 Mn |
| Sep 30, 2014 | -56.47 Mn |
| Jun 30, 2014 | 150.61 Mn |
| Mar 31, 2014 | -77.36 Mn |
| Dec 31, 2013 | 27.80 Mn |
| Sep 30, 2013 | 31.77 Mn |
| Jun 30, 2013 | 19.79 Mn |
| Mar 31, 2013 | 21.45 Mn |