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Accenture PLC (NYSE:ACN)
Change In Receivables
$-34 Mil (As of Nov. 2014)

Accenture PLC's change in receivables for the quarter that ended in Nov. 2014 was $-34 Mil. It means Accenture PLC's accounts receivables declined by $34 Mil from Aug. 2014 to Nov. 2014 .

Accenture PLC's change in receivables for the fiscal year that ended in Aug. 2014 was $-705 Mil. It means Accenture PLC's accounts receivables declined by $705 Mil from Aug. 2013 to Aug. 2014 .

Accenture PLC's accounts receivables for the quarter that ended in Nov. 2014 was $3,780 Mil.

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed. Accenture PLC's days sales outstanding for the three months ended in Nov. 2014 was 41.34.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Accenture PLC's liquidation value for the three months ended in Nov. 2014 was $-4,839 Mil.


Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.


Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Accenture PLC's Days Sales Outstanding for the quarter that ended in Nov. 2014 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=3779.792/8343.257*91
=41.34

2. In Ben Graham’s calculation of liquidation value, Accenture PLC's accounts receivable are only considered to be worth 75% of book value:

Accenture PLC's liquidation value for the quarter that ended in Nov. 2014 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=4474.806-12148.532+0.75 * 3779.792+0.5 * 0
=-4,839

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Accenture PLC Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
ChangeInReceivables -653310-7-762982-377-620-128-310-705

Accenture PLC Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
ChangeInReceivables 336-418125244-113-162-223-206-34
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