Stock Analysis on Net
Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Common-Size Balance Sheet: Assets 
Quarterly Data

Accenture PLC, common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
May 31, 2025 Feb 28, 2025 Nov 30, 2024 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
Cash and cash equivalents 15.20 14.18 13.87 8.95 10.23 9.98 13.86 17.65 17.03 13.07 12.52 16.69 14.54 12.33 12.91 18.92 23.76 22.92 22.46 22.70 18.38 16.23 17.52 20.57 16.94 16.30 16.34
Short-term investments 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.01 0.01 0.01 0.22 0.25 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Receivables and contract assets 23.83 23.85 24.34 24.43 24.38 25.49 25.70 23.86 25.10 26.19 26.76 24.92 26.51 26.15 25.46 22.53 22.49 21.82 22.34 21.16 23.81 25.42 25.86 27.17 28.89 29.76 30.04
Other current assets 4.23 4.23 3.86 3.90 4.31 4.14 5.18 4.11 4.50 4.86 4.58 4.11 4.51 4.79 4.25 4.09 3.93 4.16 3.66 3.76 3.86 4.32 3.66 4.11 4.39 4.43 4.31
Current assets 43.27% 42.27% 42.09% 37.29% 38.93% 39.62% 44.74% 45.63% 46.64% 44.13% 43.88% 45.72% 45.57% 43.29% 42.64% 45.55% 50.20% 48.92% 48.67% 47.87% 46.06% 45.98% 47.05% 51.87% 50.23% 50.50% 50.70%
Contract assets 0.26 0.24 0.22 0.22 0.22 0.25 0.24 0.21 0.13 0.16 0.15 0.10 0.08 0.09 0.10 0.09 0.10 0.11 0.12 0.12 0.15 0.17 0.18 0.24 0.07 0.08 0.10
Investments 0.94 0.74 0.62 0.60 0.43 0.47 0.38 0.39 0.35 0.68 0.69 0.67 0.72 0.76 0.75 0.76 0.78 0.77 0.78 0.88 0.77 0.85 0.84 0.81 0.84 0.84 0.87
Property and equipment, net 2.54 2.52 2.52 2.72 2.68 2.84 2.85 2.99 3.06 3.27 3.47 3.51 3.61 3.74 3.79 3.80 3.65 3.75 3.94 4.17 4.12 4.25 4.18 4.67 4.76 4.68 4.66
Operating lease assets 4.28 4.33 4.46 4.93 4.78 5.14 5.00 5.15 5.47 6.09 6.36 6.39 6.90 7.33 7.23 7.37 7.43 7.87 8.10 8.59 9.19 9.50 9.51 0.00 0.00 0.00 0.00
Goodwill 34.41 34.99 34.86 37.76 36.65 34.98 31.51 30.39 28.85 29.73 29.27 27.79 27.12 28.04 28.38 25.77 21.71 21.89 21.24 20.79 20.92 19.99 18.99 20.83 21.59 21.11 20.68
Deferred contract costs 1.55 1.55 1.49 1.54 1.54 1.59 1.61 1.66 1.70 1.78 1.77 1.71 1.79 1.79 1.72 1.69 1.74 1.79 1.87 1.95 2.01 2.06 2.09 2.29 2.43 2.56 2.63
Deferred tax assets 6.21 6.62 6.86 7.42 7.53 7.99 8.08 8.11 8.19 8.49 8.55 8.47 8.71 9.07 9.24 9.28 10.03 10.45 10.92 11.20 12.10 12.70 12.97 14.60 14.99 15.55 15.80
Intangibles 4.09 4.37 4.58 5.19 5.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other non-current assets 2.46 2.37 2.31 2.34 2.17 7.13 5.59 5.49 5.60 5.67 5.87 5.64 5.51 5.89 6.16 5.69 4.38 4.45 4.36 4.44 4.67 4.50 4.20 4.70 5.08 4.67 4.57
Non-current assets 56.73% 57.73% 57.91% 62.71% 61.07% 60.38% 55.26% 54.37% 53.36% 55.87% 56.12% 54.28% 54.43% 56.71% 57.36% 54.45% 49.80% 51.08% 51.33% 52.13% 53.94% 54.02% 52.95% 48.13% 49.77% 49.50% 49.30%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 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).

The analysis of the quarterly financial data reveals several notable trends and shifts in the composition of assets over the examined periods.

Cash and Cash Equivalents
This category showed substantial fluctuation, initially rising from 16.34% to a peak of around 23.76% by mid-2021, followed by a general decline to below 10% by early 2024, before rebounding slightly towards mid-2025 to about 15.2%. The variation indicates changing liquidity positions, possibly associated with operational or strategic adjustments.
Short-term Investments
This component remained consistently minimal, largely around or below 0.01%, with a brief increase near 0.25% in mid-2020. This suggests a limited allocation to short-term marketable securities relative to total assets.
Receivables and Contract Assets
The proportion of receivables and contract assets to total assets declined from around 30% in late 2018 to approximately 23-26% in the most recent quarters, showing a downward trend interspersed with some minor fluctuations. This could reflect improved receivables collection or shifts in revenue recognition patterns.
Other Current Assets
This category remained relatively stable, fluctuating narrowly between about 3.6% and 5.2%, indicating a consistent share of total assets.
Current Assets
Overall, current assets as a percentage of total assets decreased from about 50.7% in late 2018 to mid-30% to low-40% range in recent periods. A notable dip to around 37% occurred by late 2024, signaling a strategic reduction in short-term liquidity or asset reallocation.
Contract Assets
Contract assets maintained a low percentage share, generally below 0.3%, but showed a slight increasing trend from 0.1% to 0.26% over time, possibly reflecting changes in contract accounting or project timings.
Investments
Investments as a portion of total assets fluctuated at a low level mostly under 1%, with a downward phase around early 2023 but showing a modest upward trend reaching near 0.94% by mid-2025.
Property and Equipment, Net
This asset category exhibited a steady decline over the period, decreasing from about 4.66% to approximately 2.54%, suggesting a reduction in physical asset holdings or accelerated depreciation policies.
Operating Lease Assets
Introduced into the reporting data starting mid-2019 at approximately 9.5% of total assets, there was a consistent decline reaching about 4.28% by mid-2025. This trend may indicate the downsizing or renegotiation of leased assets.
Goodwill
Goodwill as a percentage of total assets generally increased, starting at around 20.68% and rising to a maximum close to 37.76% in late 2024, before decreasing slightly. This upward trend signals increased acquisition activity or revaluation effects over the period.
Deferred Contract Costs
This category steadily declined from 2.63% to around 1.55%, reflecting amortization or changes in contract cost capitalization.
Deferred Tax Assets
Deferred tax assets decreased noticeably from around 15.8% to approximately 6.21% over the period, indicating changes in tax position, recognition criteria, or valuation allowances.
Intangibles
Reported from early 2023, intangibles accounted for between 4.09% and 5.19% of total assets, representing a moderate but newly disclosed asset base component.
Other Non-current Assets
These remained fairly stable with some variation, mostly between 2.3% and 7.1%, though a drop near late 2023 is observed, suggesting divestitures or reclassifications.
Non-current Assets
Non-current assets overall showed a gradual increase from about 49.3% to a peak above 62% around late 2024, before a moderate reduction, consistent with rising goodwill and intangible assets offset by declines in property and lease assets.

In summary, the data indicates a strategic shift towards intangible assets and goodwill, with a relative reduction in physical and leased assets, along with a decreasing liquid asset base after a peak in 2021. Deferred tax assets and contract costs consistently decreased, pointing to tax strategy changes and contract accounting impacts. These trends collectively suggest evolving asset management, possibly reflecting changes in acquisition activity, capital structure, and operational focus over time.