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Accenture PLC (NYSE:ACN)
Days Payable
16.75 (As of Aug. 2014)

Accenture PLC's payable for the three months ended in Aug. 2014 was $1,064 Mil. Accenture PLC's cost of goods sold for the three months ended in Aug. 2014 was $5,799 Mil. Hence, Accenture PLC's days payable for the three months ended in Aug. 2014 was 16.75.

Accenture PLC's days payable declined from Aug. 2013 (16.96) to Aug. 2014 (16.75). It may suggest that Accenture PLC accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Accenture PLC's Days Payable for the fiscal year that ended in Aug. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1064.228/22190.212*365
=17.51

Accenture PLC's Days Payable for the quarter that ended in Aug. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1064.228/5798.699*365 / 4
=16.75

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


Related Terms

Revenue


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
DaysPayable 24.5523.6123.3320.4816.0320.4018.2715.8716.7117.51

Accenture PLC Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 14.0016.3715.3215.3115.9816.9616.7616.0115.3216.75
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