Stock Analysis on Net

Accenture PLC (NYSE:ACN)

$24.99

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Accenture PLC, asset turnover by geographic area

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
United States
Other countries

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).

United States Asset Turnover
The asset turnover ratio for the United States demonstrates a fluctuating but overall upward trajectory over the analyzed period. Starting at 52.57 in August 2019, there was a decline to 47.8 in 2020, indicating a decrease in efficiency in asset utilization during that year. The ratio recovered to 51.38 in 2021 and slightly declined to 50.62 in 2022. From 2022 to 2024, the trend reverses with a notable increase, reaching 57.14 in 2023 and further improving to 61.93 by August 2024, suggesting enhanced effectiveness in generating revenue from assets in this region.
Other Countries Asset Turnover
The asset turnover ratio for other countries shows a generally positive trend with some variability. It started at 23.51 in 2019 and experienced a slight decrease to 21.61 in 2020. Subsequent years reveal growth: 23.23 in 2021, followed by a significant increase to 30.48 in 2022. The upward momentum continues with ratios of 34.4 in 2023 and stabilizes slightly at 34.01 in 2024. This pattern suggests improving efficiency in asset utilization outside the United States, with a strong acceleration after 2021.
Comparative Insights
Comparing the two geographic segments, the United States consistently shows higher asset turnover ratios than other countries throughout the entire period. However, the rate of growth in other countries is relatively more pronounced post-2020, narrowing the gap with the United States somewhat. The United States segment exhibits a recovery after a dip in 2020, while other countries display steady improvement, particularly from 2021 onwards. These trends may reflect differential market dynamics or operational adjustments impacting asset management efficiency in each region.

Area Asset Turnover: United States

Accenture PLC; United States; area asset turnover calculation

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)
Revenues
Property and equipment, net
Area Activity Ratio
Area asset turnover1

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
Area asset turnover = Revenues ÷ Property and equipment, net
= ÷ =


Area Asset Turnover: Other countries

Accenture PLC; Other countries; area asset turnover calculation

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)
Revenues
Property and equipment, net
Area Activity Ratio
Area asset turnover1

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
Area asset turnover = Revenues ÷ Property and equipment, net
= ÷ =


Revenues

Accenture PLC, revenues by geographic area

US$ in thousands

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
United States
Other countries
Total

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).

The data presents the annual revenues generated from geographic areas over six consecutive fiscal years. The two reported segments are the United States and other countries, with totals calculated accordingly.

United States Revenues
Revenues from the United States demonstrate a consistent upward trend throughout the period. Starting at approximately 19 billion USD in 2019, the figure rises steadily each year, reaching nearly 29.2 billion USD by 2024. This reflects a compound annual growth rate that indicates sustained expansion within the US market.
Other Countries Revenues
Revenues originating from other countries also exhibit continuous growth across the period. The starting value is approximately 24.2 billion USD in 2019, increasing to nearly 35.7 billion USD by 2024. The growth in this segment appears moderately more pronounced relative to the United States segment, suggesting expanding international market penetration.
Total Revenues
Total revenues, aggregating the two geographic segments, consistently increase year over year, from roughly 43.2 billion USD in 2019 to about 64.9 billion USD in 2024. This aggregate growth underscores the company’s effective revenue generation capabilities across geographies.
Comparative Insights and Patterns
While revenues from both the US and other countries show strong upward momentum, the international segment contributes a larger share to total revenue throughout the period. The proportion of revenue from other countries relative to total revenue remains consistently above 50%, indicating a significant dependence on international markets for overall sales performance.
Both segments reflect resilience and growth across various fiscal years, without any recorded decline or stagnation, implying stable market conditions and successful business execution strategies in these regions.

Property and equipment, net

Accenture PLC, property and equipment, net by geographic area

US$ in thousands

Microsoft Excel
Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019
United States
Other countries
Total

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).

United States
The net property and equipment value in the United States displayed an overall increasing trend from 2019 to 2022, rising from 361,703 thousand USD to a peak of 547,516 thousand USD. However, this growth was followed by a decline in the subsequent years, with values decreasing to 504,902 thousand USD in 2023 and further to 471,547 thousand USD in 2024.
Other countries
For other countries, the property and equipment net value showed growth from 2019 to 2021, increasing from 1,029,463 thousand USD to 1,196,547 thousand USD. Thereafter, a decline was observed in 2022 and 2023, dropping to 1,111,624 thousand USD and 1,025,105 thousand USD respectively. In 2024, a slight recovery occurred with an increase to 1,049,572 thousand USD.
Total
The total net property and equipment across all geographic areas experienced a consistent upward movement from 2019 through 2022, moving from 1,391,166 thousand USD to 1,659,140 thousand USD. This growth reversed in the last two years covered, with the total values decreasing to 1,530,007 thousand USD in 2023 and marginally declining further to 1,521,119 thousand USD in 2024. The data suggest that the overall investment or valuation in property and equipment increased until 2022 before experiencing a contraction.