Accenture PLC (ACN)


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

Beginner level

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.


Short-term Activity Ratios (Summary)

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

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013
Turnover Ratios
Payables turnover 18.16 19.00 20.14 21.74 21.62 20.52 20.05 20.09 16.87 19.59 20.71 21.40 19.14 21.24 21.34 21.19 20.07 22.14 23.36 23.90 20.85
Working capital turnover 9.85 11.92 11.77 12.53 12.12 14.59 13.41 15.49 16.17 17.59 14.81 16.07 11.23 10.01 10.79 15.36 10.80 10.32 9.33 9.43 8.51
Average No. Days
Average payables payment period 20 19 18 17 17 18 18 18 22 19 18 17 19 17 17 17 18 16 16 15 18

Based on: 10-K (filing date: 2019-10-29), 10-Q (filing date: 2019-06-27), 10-Q (filing date: 2019-03-28), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-24), 10-Q (filing date: 2018-06-28), 10-Q (filing date: 2018-03-22), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-22), 10-Q (filing date: 2017-03-23), 10-Q (filing date: 2016-12-21), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-06-23), 10-Q (filing date: 2016-03-24), 10-Q (filing date: 2015-12-17), 10-K (filing date: 2015-10-30), 10-Q (filing date: 2015-06-25), 10-Q (filing date: 2015-03-26), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-24), 10-Q (filing date: 2014-06-26), 10-Q (filing date: 2014-03-27), 10-Q (filing date: 2013-12-19).

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Accenture PLC’s payables turnover ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Accenture PLC’s working capital turnover ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.

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. Accenture PLC’s number of days of payables outstanding increased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Payables Turnover

Accenture PLC, payables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013
Selected Financial Data (US$ in thousands)
Cost of services 7,621,034  7,571,390  7,399,780  7,308,121  7,419,118  7,519,726  7,219,438  7,002,233  6,754,233  6,447,156  6,258,026  6,275,571  6,310,040  6,279,492  6,027,237  5,903,465  5,860,106  5,750,161  5,690,951  5,803,967  5,798,699  5,703,823  5,337,341  5,350,349 
Accounts payable 1,646,641  1,562,995  1,472,130  1,355,538  1,348,802  1,388,989  1,367,464  1,316,930  1,525,065  1,291,138  1,212,800  1,163,348  1,280,821  1,133,430  1,103,343  1,094,821  1,151,464  1,040,645  984,539  947,270  1,064,228  957,633  936,315  982,733 
Short-term Activity Ratio
Payables turnover1 18.16 19.00 20.14 21.74 21.62 20.52 20.05 20.09 16.87 19.59 20.71 21.40 19.14 21.24 21.34 21.19 20.07 22.14 23.36 23.90 20.85
Benchmarks
Payables Turnover, Competitors2
Automatic Data Processing Inc. 64.44 51.30 52.77 60.07 57.92 73.21 55.35 65.65 48.56 56.29 51.11 58.89 44.91 42.57 47.69 44.48 33.05 50.96 50.34 48.03 42.55

Based on: 10-K (filing date: 2019-10-29), 10-Q (filing date: 2019-06-27), 10-Q (filing date: 2019-03-28), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-24), 10-Q (filing date: 2018-06-28), 10-Q (filing date: 2018-03-22), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-22), 10-Q (filing date: 2017-03-23), 10-Q (filing date: 2016-12-21), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-06-23), 10-Q (filing date: 2016-03-24), 10-Q (filing date: 2015-12-17), 10-K (filing date: 2015-10-30), 10-Q (filing date: 2015-06-25), 10-Q (filing date: 2015-03-26), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-24), 10-Q (filing date: 2014-06-26), 10-Q (filing date: 2014-03-27), 10-Q (filing date: 2013-12-19).

1 Q4 2019 Calculation
Payables turnover = (Cost of servicesQ4 2019 + Cost of servicesQ3 2019 + Cost of servicesQ2 2019 + Cost of servicesQ1 2019) ÷ Accounts payable
= (7,621,034 + 7,571,390 + 7,399,780 + 7,308,121) ÷ 1,646,641 = 18.16

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’s payables turnover ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Working Capital Turnover

Accenture PLC, working capital turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013
Selected Financial Data (US$ in thousands)
Current assets 15,450,601  14,141,660  13,833,300  13,540,408  13,585,559  12,336,872  12,284,948  12,303,841  12,097,289  11,205,735  10,764,002  11,368,406  11,976,222  11,576,011  10,678,800  10,623,048  11,579,394  11,069,521  11,007,808  11,576,245  11,904,442  11,134,693  10,633,880  11,291,459 
Less: Current liabilities 11,061,896  10,551,987  10,219,049  10,176,335  10,151,751  9,553,596  9,367,912  9,863,026  9,824,279  9,154,325  8,352,773  9,170,082  8,878,924  8,161,133  7,573,179  8,472,398  8,532,199  7,888,442  7,493,986  8,137,403  8,158,079  7,616,168  7,288,358  7,828,743 
Working capital 4,388,705  3,589,673  3,614,251  3,364,073  3,433,808  2,783,276  2,917,036  2,440,815  2,273,010  2,051,410  2,411,229  2,198,324  3,097,298  3,414,878  3,105,621  2,150,650  3,047,195  3,181,079  3,513,822  3,438,842  3,746,363  3,518,525  3,345,522  3,462,716 
 
Revenues 11,055,650  11,099,688  10,454,129  10,605,546  10,642,249  10,838,854  10,067,832  10,054,493  9,640,906  9,356,787  8,762,182  9,005,603  8,965,580  8,969,044  8,397,053  8,465,984  8,364,511  8,275,066  7,931,590  8,343,257  8,267,319  8,240,180  7,567,483  7,799,696 
Short-term Activity Ratio
Working capital turnover1 9.85 11.92 11.77 12.53 12.12 14.59 13.41 15.49 16.17 17.59 14.81 16.07 11.23 10.01 10.79 15.36 10.80 10.32 9.33 9.43 8.51
Benchmarks
Working Capital Turnover, Competitors2
Automatic Data Processing Inc. 8.27 7.96 9.99 14.77 8.14 6.63 6.09 4.62 4.35 3.94 4.23 3.49 3.19 3.21 3.52 3.09 6.45 5.44 4.95 4.53 6.34

Based on: 10-K (filing date: 2019-10-29), 10-Q (filing date: 2019-06-27), 10-Q (filing date: 2019-03-28), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-24), 10-Q (filing date: 2018-06-28), 10-Q (filing date: 2018-03-22), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-22), 10-Q (filing date: 2017-03-23), 10-Q (filing date: 2016-12-21), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-06-23), 10-Q (filing date: 2016-03-24), 10-Q (filing date: 2015-12-17), 10-K (filing date: 2015-10-30), 10-Q (filing date: 2015-06-25), 10-Q (filing date: 2015-03-26), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-24), 10-Q (filing date: 2014-06-26), 10-Q (filing date: 2014-03-27), 10-Q (filing date: 2013-12-19).

1 Q4 2019 Calculation
Working capital turnover = (RevenuesQ4 2019 + RevenuesQ3 2019 + RevenuesQ2 2019 + RevenuesQ1 2019) ÷ Working capital
= (11,055,650 + 11,099,688 + 10,454,129 + 10,605,546) ÷ 4,388,705 = 9.85

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’s working capital turnover ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.

Average Payables Payment Period

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

Microsoft Excel LibreOffice Calc
Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015 May 31, 2015 Feb 28, 2015 Nov 30, 2014 Aug 31, 2014 May 31, 2014 Feb 28, 2014 Nov 30, 2013
Selected Financial Data
Payables turnover 18.16 19.00 20.14 21.74 21.62 20.52 20.05 20.09 16.87 19.59 20.71 21.40 19.14 21.24 21.34 21.19 20.07 22.14 23.36 23.90 20.85
Short-term Activity Ratio (no. days)
Average payables payment period1 20 19 18 17 17 18 18 18 22 19 18 17 19 17 17 17 18 16 16 15 18
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Automatic Data Processing Inc. 6 7 7 6 6 5 7 6 8 6 7 6 8 9 8 8 11 7 7 8 9

Based on: 10-K (filing date: 2019-10-29), 10-Q (filing date: 2019-06-27), 10-Q (filing date: 2019-03-28), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-24), 10-Q (filing date: 2018-06-28), 10-Q (filing date: 2018-03-22), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-26), 10-Q (filing date: 2017-06-22), 10-Q (filing date: 2017-03-23), 10-Q (filing date: 2016-12-21), 10-K (filing date: 2016-10-28), 10-Q (filing date: 2016-06-23), 10-Q (filing date: 2016-03-24), 10-Q (filing date: 2015-12-17), 10-K (filing date: 2015-10-30), 10-Q (filing date: 2015-06-25), 10-Q (filing date: 2015-03-26), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-24), 10-Q (filing date: 2014-06-26), 10-Q (filing date: 2014-03-27), 10-Q (filing date: 2013-12-19).

1 Q4 2019 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 18.16 = 20

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. Accenture PLC’s number of days of payables outstanding increased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.