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Days Inventory is also known as Days Sales of Inventory (DSI). Accenture's Average Total Inventories for the three months ended in Nov. 2023 was $0 Mil. Accenture's Cost of Goods Sold for the three months ended in Nov. 2023 was $10,776 Mil. Hence, Accenture's Days Inventory for the three months ended in Nov. 2023 was 0.00.
The historical rank and industry rank for Accenture's Days Inventory or its related term are showing as below:
Accenture's Days Inventory stayed the same from Nov. 2022 (0.00) to Nov. 2023 (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 Nov. 2023 was 0.00.
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.
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.
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
Days Inventory (A: Aug. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Aug. 2022 ) | + | Total Inventories (A: Aug. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Aug. 2023 ) | * | Days in Period |
= | ( (0 | + | 0) | / | 1 ) | / | 43380.138 | * | 365 |
= | 0 | / | 43380.138 | * | 365 | ||||
= | 0.00 |
Accenture's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:
Days Inventory (Q: Nov. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Aug. 2023 ) | + | Total Inventories (Q: Nov. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Nov. 2023 ) | * | Days in Period |
= | ( (0 | + | 0) | / | 1 ) | / | 10776.362 | * | 365 / 4 |
= | 0 | / | 10776.362 | * | 365 / 4 | ||||
= | 0.00 |
* 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 Nov. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 10776.362 | / | 0 | |
= |
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 Nov. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 0 | / | 16224.303 | |
= | 0.00 |
* 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.
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.
Julie Spellman Sweet | officer: General Counsel, Sec & CCO | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Manish Sharma | officer: Chief Operating Officer | 161 NORTH CLARK, CHICAGO IL 60601 |
Jean-marc Ollagnier | officer: Group Chief Exec-Resources | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Jaime Ardila | director | 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000 |
Paula A Price | director | ONE CVS DRIVE, WOONSOCKET RI 02895 |
Joel Unruch | officer: General Counsel, Sec & CCO | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
John F Walsh | officer: Grp Chief Exec-Com, Med & Tech | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Ellyn Shook | officer: Chief Human Resources Officer | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Leonardo Framil | officer: CEO-Growth Markets | 500 W. MADISON STREET, CHICAGO IL 60661 |
Melissa A Burgum | officer: Chief Accounting Officer | C/O SRA INTERNATIONAL, INC., 4300 FAIR LAKES COURT, FAIRFAX VA 22033 |
Alan C. Jope | director | 500 W. MADISON STREET, CHICAGO IL 60661 |
James O Etheredge | officer: Group Chief Exec-North America | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Gianfranco Casati | officer: Group Chief Executive?Products | C/O ACCENTURE, 161 N. CLARK STREET, CHCIAGO IL 60601 |
Kathleen R Mcclure | officer: Chief Financial Officer | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Richard P Clark | officer: Chief Accounting Officer | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
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