Analysis of Short-term (Operating) Activity Ratios
Quarterly Data
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)
Based on: 10-Q (filing date: 2020-06-25), 10-Q (filing date: 2020-03-19), 10-Q (filing date: 2019-12-19), 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 increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Accenture PLC’s working capital turnover ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020. |
| 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 decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Payables Turnover
Accenture PLC, payables turnover calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | 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 | 7,462,617 | 7,782,334 | 7,711,199 | 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 | 1,405,977 | 1,526,135 | 1,581,112 | 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 | 21.75 | 20.11 | 19.17 | 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. | 72.72 | 62.24 | 75.28 | 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 | — | — | — | — | — | — | — | ||||||||
| Waste Management Inc. | — | 10.25 | 9.24 | 8.92 | 10.59 | 10.45 | 10.41 | 8.92 | 9.72 | 10.93 | 11.43 | 8.67 | 11.29 | 10.91 | 12.03 | 10.62 | 12.14 | 13.30 | 14.01 | 11.42 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-06-25), 10-Q (filing date: 2020-03-19), 10-Q (filing date: 2019-12-19), 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 Q3 2020 Calculation
Payables turnover
= (Cost of servicesQ3 2020
+ Cost of servicesQ2 2020
+ Cost of servicesQ1 2020
+ Cost of servicesQ4 2019)
÷ Accounts payable
= (7,462,617 + 7,782,334 + 7,711,199 + 7,621,034)
÷ 1,405,977 = 21.75
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 increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |
Working Capital Turnover
Accenture PLC, working capital turnover calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | 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 | 16,146,236 | 15,405,293 | 15,606,104 | 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 | 11,828,281 | 11,177,575 | 11,199,408 | 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 | 4,317,955 | 4,227,718 | 4,406,696 | 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 | 10,991,305 | 11,141,505 | 11,358,958 | 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 | 10.32 | 10.56 | 9.98 | 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. | 14.20 | 17.22 | 46.64 | 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 | — | — | — | — | — | — | — | ||||||||
| Waste Management Inc. | — | — | 6.04 | 5.04 | 6.01 | 7.69 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-06-25), 10-Q (filing date: 2020-03-19), 10-Q (filing date: 2019-12-19), 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 Q3 2020 Calculation
Working capital turnover
= (RevenuesQ3 2020
+ RevenuesQ2 2020
+ RevenuesQ1 2020
+ RevenuesQ4 2019)
÷ Working capital
= (10,991,305 + 11,141,505 + 11,358,958 + 11,055,650)
÷ 4,317,955 = 10.32
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 Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020. |
Average Payables Payment Period
Accenture PLC, average payables payment period calculation (quarterly data)
| May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | 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 | 21.75 | 20.11 | 19.17 | 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 | 17 | 18 | 19 | 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. | 5 | 6 | 5 | 6 | 7 | 7 | 6 | 6 | 5 | 7 | 6 | 8 | 6 | 7 | 6 | 8 | 9 | 8 | 8 | 11 | — | — | — | — | — | — | — | ||||||||
| Waste Management Inc. | — | 36 | 39 | 41 | 34 | 35 | 35 | 41 | 38 | 33 | 32 | 42 | 32 | 33 | 30 | 34 | 30 | 27 | 26 | 32 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-06-25), 10-Q (filing date: 2020-03-19), 10-Q (filing date: 2019-12-19), 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 Q3 2020 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 21.75 = 17
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 decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020. |