Days Inventory is also known as Days Sales of Inventory (DSI). Accenture's Average Total Inventories for the
three
months ended in Feb. 2024 was $0 Mil. Accenture's Cost of Goods Sold for the
three
months ended in Feb. 2024 was $10,921 Mil.
Hence, Accenture's Days Inventory for the
three
months ended in Feb. 2024 was 0.00.
The historical rank and industry rank for Accenture's Days Inventory or its related term are showing as below:
ACN's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.53 * Ranked among companies with meaningful Days Inventory only.
Accenture's Days Inventory
stayed the same
from Feb. 2023 (0.00) to Feb. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Accenture's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.00.
Accenture Days Inventory Historical Data
The historical data trend for Accenture's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Information Technology Services subindustry, Accenture's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Accenture Days Inventory Distribution
For the Software industry and Technology sector, Accenture's Days Inventory distribution charts can be found below:
* The bar in red indicates where Accenture's Days Inventory falls into.
Accenture Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Accenture's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Accenture (NYSE:ACN) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Accenture's Inventory Turnover for the
three
months ended in Feb. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Accenture's Inventory to Revenue for the
three
months ended in Feb. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Accenture Days Inventory Related Terms
Thank you for viewing the detailed overview of Accenture's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACN has been successfully added to your 