Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Analysis of Short-term (Operating) Activity Ratios 
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

Accenture PLC, short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018
Turnover Ratios
Payables turnover 15.94 19.31 19.54 16.93 17.41 18.03 17.35 17.54 16.37 16.93 17.22 16.45 15.03 16.92 17.94 20.16 22.48 21.75 20.11 19.17 18.16
Working capital turnover 34.49 22.48 15.40 11.18 11.93 10.11 13.40 14.81 15.07 13.41 15.55 15.85 12.77 7.71 8.35 7.70 8.71 10.32 10.56 9.98 9.85
Average No. Days
Average payables payment period 23 19 19 22 21 20 21 21 22 22 21 22 24 22 20 18 16 17 18 19 20

Based on: 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30).

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Accenture PLC payables turnover ratio decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Accenture PLC working capital turnover ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.

Payables Turnover

Accenture PLC, payables turnover calculation (quarterly data)

Microsoft Excel
Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018
Selected Financial Data (US$ in thousands)
Cost of services 11,068,363 10,968,377 10,921,045 10,776,362 10,803,571 11,035,515 10,979,392 10,561,660 10,477,599 10,844,069 10,522,734 10,048,364 8,953,068 8,859,411 8,492,893 7,863,889 7,394,731 7,462,617 7,782,334 7,711,199 7,621,034 7,571,390 7,399,780 7,308,121
Accounts payable 2,743,807 2,251,330 2,228,446 2,574,700 2,491,173 2,388,474 2,470,896 2,417,777 2,559,485 2,384,352 2,229,221 2,210,163 2,274,057 1,926,910 1,740,395 1,513,442 1,349,874 1,405,977 1,526,135 1,581,112 1,646,641 1,562,995 1,472,130 1,355,538
Short-term Activity Ratio
Payables turnover1 15.94 19.31 19.54 16.93 17.41 18.03 17.35 17.54 16.37 16.93 17.22 16.45 15.03 16.92 17.94 20.16 22.48 21.75 20.11 19.17 18.16
Benchmarks
Payables Turnover, Competitors2
Adobe Inc. 7.47 6.73 7.92 7.50 7.29 6.51 7.21 5.71 6.66 5.53 6.54 5.98 5.40 5.60 6.76 5.63 7.62 6.00 6.52 7.98 8.45 8.63 9.18
Autodesk Inc. 5.11 3.98 4.02 3.86 4.71 3.50 4.19 3.28 3.46 2.96 3.44 2.81 2.75 2.72 3.28 3.80 3.88 3.00 3.35 3.08 2.81
CrowdStrike Holdings Inc. 26.82 12.69 18.50 38.08 13.25 6.03 8.95 39.15 8.05 47.07 15.13 75.30 19.03 27.52 17.99 24.39 105.30
International Business Machines Corp. 7.54 7.67 6.67 8.23 7.36 7.44 6.87 7.35 7.40 7.69 6.54 6.71 7.47 8.35 7.75 9.76 8.36 9.63 8.30
Intuit Inc. 4.81 3.83 4.19 5.12 4.93 3.29 3.54 3.98 3.26 2.52 2.31 3.47 2.70 2.56 2.82 5.25 4.52 3.48 2.78 4.45 4.26
Microsoft Corp. 3.37 3.94 3.89 3.46 3.64 4.28 4.23 3.88 3.30 3.74 3.76 3.70 3.44 3.77 3.80 3.73 3.68 4.78 4.92 5.06 4.57
Oracle Corp. 6.42 9.02 13.12 13.67 11.27 7.60 6.68 6.72 6.74 7.65 8.03 10.79 10.54 9.49 10.71 14.72 12.46 15.07 15.07 16.46 13.78
Palo Alto Networks Inc. 17.71 18.29 10.93 14.57 14.43 20.69 14.50 14.30 13.43 14.68 12.25 14.46 22.41 16.80 25.37 21.85 15.72 17.72 15.76 11.28 11.03
ServiceNow Inc. 13.16 7.04 8.98 15.25 26.38 10.08 7.20 5.74 7.86 5.60 8.57 15.20 19.64 11.82 9.75 28.83 17.87 10.13 11.28 15.04

Based on: 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30).

1 Q4 2024 Calculation
Payables turnover = (Cost of servicesQ4 2024 + Cost of servicesQ3 2024 + Cost of servicesQ2 2024 + Cost of servicesQ1 2024) ÷ Accounts payable
= (11,068,363 + 10,968,377 + 10,921,045 + 10,776,362) ÷ 2,743,807 = 15.94

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Accenture PLC payables turnover ratio decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Working Capital Turnover

Accenture PLC, working capital turnover calculation (quarterly data)

Microsoft Excel
Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018
Selected Financial Data (US$ in thousands)
Current assets 20,857,781 21,075,418 20,328,821 23,055,576 23,381,931 23,380,073 21,060,958 20,672,460 21,610,871 21,007,740 19,185,130 18,621,652 19,666,511 21,144,858 19,560,720 18,626,094 17,749,756 16,146,236 15,405,293 15,606,104 15,450,601 14,141,660 13,833,300 13,540,408
Less: Current liabilities 18,976,127 18,207,753 16,136,014 17,280,238 18,009,038 17,092,528 16,349,522 16,460,246 17,523,496 16,562,592 15,540,122 15,232,007 15,708,867 14,929,559 14,090,668 12,819,099 12,662,590 11,828,281 11,177,575 11,199,408 11,061,896 10,551,987 10,219,049 10,176,335
Working capital 1,881,654 2,867,665 4,192,807 5,775,338 5,372,893 6,287,545 4,711,436 4,212,214 4,087,375 4,445,148 3,645,008 3,389,645 3,957,644 6,215,299 5,470,052 5,806,995 5,087,166 4,317,955 4,227,718 4,406,696 4,388,705 3,589,673 3,614,251 3,364,073
 
Revenues 16,405,819 16,466,828 15,799,514 16,224,303 15,985,200 16,564,585 15,814,158 15,747,802 15,423,656 16,158,803 15,046,693 14,965,153 13,419,284 13,263,795 12,088,125 11,762,185 10,835,271 10,991,305 11,141,505 11,358,958 11,055,650 11,099,688 10,454,129 10,605,546
Short-term Activity Ratio
Working capital turnover1 34.49 22.48 15.40 11.18 11.93 10.11 13.40 14.81 15.07 13.41 15.55 15.85 12.77 7.71 8.35 7.70 8.71 10.32 10.56 9.98 9.85
Benchmarks
Working Capital Turnover, Competitors2
Adobe Inc. 19.54 13.19 42.33 6.85 9.10 14.68 19.89 20.28 16.36 31.92 57.86 9.09 6.22 7.44 8.67 4.89 5.51 8.11 9.50
Autodesk Inc.
Cadence Design Systems Inc. 6.28 8.78 10.61 7.00 8.51 7.12 9.92 8.31 5.34 4.07 4.01 4.68 5.45 5.03 3.94 4.08 4.99 6.14 4.70
CrowdStrike Holdings Inc. 1.48 1.65 1.45 1.50 1.46 1.47 1.38 1.32 1.25 1.15 1.02 0.95 0.61 1.19 0.92 0.81 0.71
International Business Machines Corp. 17.08 14.55 31.12 12.14 40.51 49.97 107.30
Intuit Inc. 7.45 5.15 13.92 11.94 8.13 6.30 15.31 10.83 8.98 5.68 21.87 4.39 3.85 3.40 5.45 1.74 1.73 3.19 4.80 4.93 4.17
Microsoft Corp. 7.12 8.26 8.63 2.64 2.65 2.65 2.68 2.77 2.66 2.52 1.91 1.88 1.76 1.71 1.44 1.37 1.30 1.24 1.25 1.20 1.19
Oracle Corp. 3.50 3.86 3.39 1.70 1.29 1.69 1.58 1.26 1.12 2.25 1.98 1.68 1.42
Palo Alto Networks Inc. 3.52 2.15 1.40 4.81 1.80 1.89 1.80
Salesforce Inc. 14.27 42.02 99.31 90.67 62.21 30.85 25.15 54.57 24.95 27.10 4.36 5.11 7.48 10.29 9.75 15.29 28.71
ServiceNow Inc. 11.50 11.73 27.96 21.77 19.04 9.59 7.83 11.16 6.63 11.21 10.61 21.76 11.15 16.31 5.62 5.76 3.73 8.10 43.84 46.69
Synopsys Inc. 2.40 2.89 8.03 13.12 10.27 12.83 17.05 21.34 14.02 7.78 9.47 10.65 9.50 9.18 16.88 9.00 27.06

Based on: 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30).

1 Q4 2024 Calculation
Working capital turnover = (RevenuesQ4 2024 + RevenuesQ3 2024 + RevenuesQ2 2024 + RevenuesQ1 2024) ÷ Working capital
= (16,405,819 + 16,466,828 + 15,799,514 + 16,224,303) ÷ 1,881,654 = 34.49

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. Accenture PLC working capital turnover ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Average Payables Payment Period

Accenture PLC, average payables payment period calculation (quarterly data)

Microsoft Excel
Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018
Selected Financial Data
Payables turnover 15.94 19.31 19.54 16.93 17.41 18.03 17.35 17.54 16.37 16.93 17.22 16.45 15.03 16.92 17.94 20.16 22.48 21.75 20.11 19.17 18.16
Short-term Activity Ratio (no. days)
Average payables payment period1 23 19 19 22 21 20 21 21 22 22 21 22 24 22 20 18 16 17 18 19 20
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Adobe Inc. 49 54 46 49 50 56 51 64 55 66 56 61 68 65 54 65 48 61 56 46 43 42 40
Autodesk Inc. 71 92 91 95 78 104 87 111 105 123 106 130 133 134 111 96 94 122 109 119 130
CrowdStrike Holdings Inc. 14 29 20 10 28 61 41 9 45 8 24 5 19 13 20 15 3
International Business Machines Corp. 48 48 55 44 50 49 53 50 49 47 56 54 49 44 47 37 44 38 44
Intuit Inc. 76 95 87 71 74 111 103 92 112 145 158 105 135 142 129 70 81 105 131 82 86
Microsoft Corp. 108 93 94 106 100 85 86 94 111 98 97 99 106 97 96 98 99 76 74 72 80
Oracle Corp. 57 40 28 27 32 48 55 54 54 48 45 34 35 38 34 25 29 24 24 22 26
Palo Alto Networks Inc. 21 20 33 25 25 18 25 26 27 25 30 25 16 22 14 17 23 21 23 32 33
ServiceNow Inc. 28 52 41 24 14 36 51 64 46 65 43 24 19 31 37 13 20 36 32 24

Based on: 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30).

1 Q4 2024 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 15.94 = 23

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.