Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Analysis of Liquidity Ratios 

Microsoft Excel

Liquidity Ratios (Summary)

Accenture PLC, liquidity ratios

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
Current ratio 1.10 1.30 1.23 1.25 1.40 1.40
Quick ratio 0.98 1.18 1.12 1.14 1.29 1.29
Cash ratio 0.26 0.50 0.45 0.52 0.67 0.55

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Accenture PLC current ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Accenture PLC quick ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Accenture PLC cash ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Current Ratio

Accenture PLC, current ratio calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
Selected Financial Data (US$ in thousands)
Current assets 20,857,781 23,381,931 21,610,871 19,666,511 17,749,756 15,450,601
Current liabilities 18,976,127 18,009,038 17,523,496 15,708,867 12,662,590 11,061,896
Liquidity Ratio
Current ratio1 1.10 1.30 1.23 1.25 1.40 1.40
Benchmarks
Current Ratio, Competitors2
Adobe Inc. 1.34 1.11 1.25 1.48 0.79
Autodesk Inc. 0.82 0.84 0.69 0.83 0.83 0.70
Cadence Design Systems Inc. 1.24 1.27 1.77 1.86 1.74
CrowdStrike Holdings Inc. 1.76 1.73 1.83 2.65 2.38
International Business Machines Corp. 0.96 0.92 0.88 0.98 1.02
Intuit Inc. 1.29 1.47 1.39 1.94 2.26 1.83
Microsoft Corp. 1.27 1.77 1.78 2.08 2.52 2.53
Oracle Corp. 0.72 0.91 1.62 2.30 3.03 2.49
Palantir Technologies Inc. 5.55 5.17 4.34 3.74
Palo Alto Networks Inc. 0.89 0.78 0.77 0.91 1.91 1.78
Salesforce Inc. 1.09 1.02 1.05 1.23 1.08 0.95
ServiceNow Inc. 1.06 1.11 1.05 1.21 1.03
Synopsys Inc. 2.44 1.15 1.09 1.16 1.19 0.99
Current Ratio, Sector
Software & Services 1.37 1.42 1.67 1.91 1.83
Current Ratio, Industry
Information Technology 1.41 1.37 1.55 1.71 1.66

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 20,857,781 ÷ 18,976,127 = 1.10

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Accenture PLC current ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Quick Ratio

Accenture PLC, quick ratio calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 5,004,469 9,045,032 7,889,833 8,168,174 8,415,330 6,126,853
Short-term investments 5,396 4,575 3,973 4,294 94,309 3,313
Receivables 11,873,442 10,690,713 10,484,211 8,796,992 7,192,110 7,467,338
Contract assets, current 1,791,405 1,536,473 1,292,564 931,220 654,782 627,733
Total quick assets 18,674,712 21,276,793 19,670,581 17,900,680 16,356,531 14,225,237
 
Current liabilities 18,976,127 18,009,038 17,523,496 15,708,867 12,662,590 11,061,896
Liquidity Ratio
Quick ratio1 0.98 1.18 1.12 1.14 1.29 1.29
Benchmarks
Quick Ratio, Competitors2
Adobe Inc. 1.22 1.00 1.11 1.34 0.70
Autodesk Inc. 0.72 0.76 0.62 0.77 0.78 0.62
Cadence Design Systems Inc. 1.02 1.02 1.47 1.60 1.51
CrowdStrike Holdings Inc. 1.60 1.58 1.68 2.50 2.18
International Business Machines Corp. 0.82 0.76 0.69 0.83 0.87
Intuit Inc. 0.71 1.25 1.17 1.65 2.04 1.44
Microsoft Corp. 1.06 1.54 1.57 1.90 2.33 2.35
Oracle Corp. 0.59 0.74 1.43 2.15 2.83 2.31
Palantir Technologies Inc. 5.41 4.92 4.11 3.59
Palo Alto Networks Inc. 0.82 0.72 0.75 0.88 1.85 1.72
Salesforce Inc. 0.96 0.90 0.93 1.11 0.95 0.82
ServiceNow Inc. 1.00 1.06 1.01 1.16 0.98
Synopsys Inc. 1.88 0.85 0.85 0.89 0.94 0.73
Quick Ratio, Sector
Software & Services 1.20 1.25 1.51 1.75 1.68
Quick Ratio, Industry
Information Technology 1.12 1.09 1.30 1.47 1.44

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 18,674,712 ÷ 18,976,127 = 0.98

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Accenture PLC quick ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Cash Ratio

Accenture PLC, cash ratio calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 5,004,469 9,045,032 7,889,833 8,168,174 8,415,330 6,126,853
Short-term investments 5,396 4,575 3,973 4,294 94,309 3,313
Total cash assets 5,009,865 9,049,607 7,893,806 8,172,468 8,509,639 6,130,166
 
Current liabilities 18,976,127 18,009,038 17,523,496 15,708,867 12,662,590 11,061,896
Liquidity Ratio
Cash ratio1 0.26 0.50 0.45 0.52 0.67 0.55
Benchmarks
Cash Ratio, Competitors2
Adobe Inc. 0.95 0.75 0.84 1.09 0.51
Autodesk Inc. 0.52 0.52 0.44 0.57 0.57 0.41
Cadence Design Systems Inc. 0.72 0.66 1.13 1.17 1.06
CrowdStrike Holdings Inc. 1.29 1.28 1.42 2.22 1.85
International Business Machines Corp. 0.39 0.28 0.22 0.36 0.24
Intuit Inc. 0.54 0.97 0.90 1.46 2.00 1.39
Microsoft Corp. 0.60 1.07 1.10 1.47 1.89 1.93
Oracle Corp. 0.34 0.44 1.12 1.93 2.50 2.03
Palantir Technologies Inc. 4.93 4.48 3.83 3.33
Palo Alto Networks Inc. 0.34 0.31 0.44 0.57 1.39 1.37
Salesforce Inc. 0.53 0.48 0.48 0.67 0.54 0.39
ServiceNow Inc. 0.66 0.71 0.67 0.83 0.61
Synopsys Inc. 1.53 0.53 0.56 0.65 0.58 0.42
Cash Ratio, Sector
Software & Services 0.76 0.81 1.10 1.32 1.22
Cash Ratio, Industry
Information Technology 0.70 0.67 0.89 1.06 1.01

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 5,009,865 ÷ 18,976,127 = 0.26

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Accenture PLC cash ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.