Accenture plc (ACN)
Days of inventory on hand (DOH)
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
August 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Accenture plc over the past five years is not provided in the table. As a key liquidity metric, the DOH ratio indicates the average number of days it takes for a company to sell its entire inventory.
Without specific numerical values for each year, it is challenging to assess the trend and performance of Accenture's inventory management efficiency over the five-year period. A decreasing trend in the DOH ratio suggests improved inventory turnover and more efficient management of inventory levels, while an increasing trend may indicate potential issues such as overstocking or slow-moving inventory.
For a more in-depth analysis, it would be essential to have the actual figures for each year to calculate and interpret the DOH ratio accurately. This ratio plays a crucial role in evaluating the effectiveness of inventory management practices and the company's ability to convert inventory into sales efficiently.
Peer comparison
Aug 31, 2024