The article deals with the fundamental sense of ideas expounded by Aristotle in the “Physics”. The research is conducted within the context of the event ontology. The article analyses the receptions and interpretations of the Aristotle’s ideas by M. Heidegger (destruction method), J. Derrida (deconstruction method) and V. V. Bibikhin (onto-hermeneutical method). The aporias that appear in Aristotle’s attempt to describe time in his treatise have influenced the history of metaphysics and result in discussions regarding key ontological problems nowadays. Aristotle’s aporetics of time leads to the duality of presence (Gegenwart and Anwesenheit) hindering the disclosure of the original sense of time and causing so-called “vulgar” understanding of time. Hermeneutical method based on the concept of event allows re-reading the Aristotle’s works and, keeping the dual nature of time, perform the turn to the question of being.