Stock Analysis on Net

Accenture PLC (NYSE:ACN)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Accenture PLC, total asset turnover, long-term trends, calculation

Microsoft Excel

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), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).

1 US$ in thousands

Revenues
The revenue figures demonstrate a consistent upward trend over the period analyzed. Starting from approximately 17.1 billion USD in 2005, revenues grew steadily to reach nearly 65 billion USD by 2024. Notable increases are observed between 2017 and 2019, with revenues rising from about 36.8 billion USD to 43.2 billion USD, continuing the growth trajectory through 2024. There is a minor deceleration in growth rate after 2022, but the overall expansion remains robust.
Total Assets
Total assets increased significantly over the years, with a marked acceleration in growth from 2014 onward. Beginning at around 8.9 billion USD in 2005, assets rose steadily to approximately 25 billion USD by 2014, before climbing sharply to over 55.9 billion USD by 2024. This upward movement indicates substantial asset accumulation, particularly noticeable in the latter half of the timeline, reflecting expansion and possibly increased investments or acquisitions.
Total Asset Turnover
The total asset turnover ratio, which measures the efficiency of utilizing assets to generate revenues, shows a declining trend throughout the period. Initially, the ratio remained close to 2.0 between 2005 and 2008, suggesting high asset efficiency. However, from 2009 onward, the ratio gradually decreased, reaching around 1.16 by 2024. This decline indicates that the growth in total assets has outpaced revenue growth, signaling reduced efficiency in asset utilization over time despite overall revenue increases.
Summary
Overall, the data reflects a company experiencing strong revenue growth accompanied by substantial asset accumulation. However, the diminishing total asset turnover ratio signals a potential weakening in the efficiency with which assets are employed to generate revenue. This trend could warrant further analysis to understand whether asset increases relate to long-term strategic investments or reflect challenges in operational efficiency.

Comparison to Competitors

Accenture PLC, total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

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), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).


Comparison to Sector (Software & Services)


Comparison to Industry (Information Technology)

Accenture PLC, total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel

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), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).