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GuruFocus has detected 5 Warning Signs with Accenture PLC $ACN.
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Accenture PLC (NYSE:ACN)
Days Payable
18.27 (As of May. 2017)

Accenture PLC's payable for the three months ended in May. 2017 was $1,291 Mil. Accenture PLC's cost of goods sold for the three months ended in May. 2017 was $6,447 Mil. Hence, Accenture PLC's days payable for the three months ended in May. 2017 was 18.27.

ACN' s Days Payable Range Over the Past 10 Years
Min: 15.87   Max: 23.33
Current: 18.63

15.87
23.33

During the past 13 years, Accenture PLC's highest Days Payable was 23.33. The lowest was 15.87. And the median was 18.23.

ACN's Days Payable is ranked lower than
79% of the 1368 Companies
in the Global Information Technology Services industry.

( Industry Median: 43.70 vs. ACN: 18.63 )

Accenture PLC's days payable increased from May. 2016 (16.47) to May. 2017 (18.27). It may suggest that Accenture PLC delayed 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1280.821/24520.234*365
=19.07

Accenture PLC's Days Payable for the quarter that ended in May. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1291.138/6447.156*365 / 4
=18.27

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Accenture PLC Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
DaysPayable 23.3320.4816.0320.4018.2715.8716.7117.5118.1919.07

Accenture PLC Quarterly Data

Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17May17
DaysPayable 15.7916.5117.9316.9216.7016.4718.5216.9217.6818.27
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