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Accenture PLC's accounts 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 accounts payable for the three months ended in Aug. 2014 was 16.75.
Accenture PLC's days accounts payable declined from Aug. 2013 (16.96) to Aug. 2014 (16.75). It may suggest that Accenture PLC accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Accenture PLC's Days Accounts Payable for the fiscal year that ended in Aug. 2014 is calculated as
Accenture PLC's Days Accounts Payable for the quarter that ended in Aug. 2014 is calculated as:
Accenture PLC Annual Data
|Days Accts Payable||24.55||23.61||23.33||20.48||16.03||20.40||18.27||15.87||16.71||17.51|
Accenture PLC Quarterly Data
|Days Accts Payable||14.00||16.37||15.32||15.31||15.98||16.96||16.76||16.01||15.32||16.75|