Accenture Change To Netincome vs Change To Inventory Analysis
ACN Stock | USD 303.59 4.41 1.43% |
Accenture Plc financial indicator trend analysis is way more than just evaluating Accenture plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accenture plc is a good investment. Please check the relationship between Accenture Plc Change To Netincome and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accenture plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.
Change To Netincome vs Change To Inventory
Change To Netincome vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accenture plc Change To Netincome account and Change To Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Accenture Plc's Change To Netincome and Change To Inventory is 0.31. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Accenture plc, assuming nothing else is changed. The correlation between historical values of Accenture Plc's Change To Netincome and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Accenture plc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Netincome i.e., Accenture Plc's Change To Netincome and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Netincome
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Accenture Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accenture plc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accenture plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Accenture Stock, please use our How to Invest in Accenture Plc guide.As of the 18th of May 2024, Enterprise Value is likely to grow to about 187.4 B, while Selling General Administrative is likely to drop about 2.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.7B | 20.7B | 23.8B | 25.0B | Total Revenue | 61.6B | 64.1B | 73.7B | 77.4B |
Accenture Plc fundamental ratios Correlations
Click cells to compare fundamentals
Accenture Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accenture Plc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1B | 43.2B | 47.3B | 51.2B | 58.9B | 61.9B | |
Other Current Liab | 6.9B | 8.4B | 9.8B | 9.8B | 11.3B | 11.9B | |
Total Current Liabilities | 12.7B | 15.7B | 17.5B | 18.0B | 20.7B | 21.7B | |
Total Stockholder Equity | 17.0B | 19.5B | 22.1B | 25.7B | 29.5B | 31.0B | |
Retained Earnings | 12.4B | 14.0B | 18.2B | 19.3B | 22.2B | 23.3B | |
Accounts Payable | 1.3B | 2.3B | 2.6B | 2.5B | 2.9B | 3.0B | |
Cash | 8.4B | 8.2B | 7.9B | 9.0B | 10.4B | 10.9B | |
Other Assets | 6.6B | 7.2B | 7.5B | 5.7B | 6.6B | 6.9B | |
Long Term Debt | 54.1M | 53.5M | 45.9M | 43.1M | 49.6M | 25.4M | |
Common Stock Shares Outstanding | 647.8M | 645.9M | 642.8M | 638.6M | 574.7M | 624.8M | |
Short Term Investments | 94.3M | 4.3M | 4.0M | 4.6M | 4.1M | 3.9M | |
Other Current Assets | 1.4B | 1.8B | 1.9B | 2.1B | 2.4B | 2.5B | |
Total Liab | 19.6B | 23.1B | 24.5B | 24.8B | 28.5B | 29.9B | |
Property Plant Equipment | 1.5B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
Short Long Term Debt Total | 3.5B | 3.5B | 3.3B | 3.1B | 3.6B | 3.8B | |
Other Liab | 4.2B | 4.6B | 4.4B | 4.4B | 5.1B | 3.1B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
Current Deferred Revenue | 3.6B | 4.2B | 4.5B | 4.9B | 5.6B | 5.9B | |
Net Debt | (4.9B) | (4.7B) | (4.6B) | (5.9B) | (5.3B) | (5.6B) | |
Non Current Assets Total | 19.3B | 23.5B | 25.7B | 27.9B | 32.0B | 33.6B | |
Non Currrent Assets Other | 2.4B | 3.2B | 3.5B | 3.8B | 4.3B | 4.6B | |
Cash And Short Term Investments | 8.5B | 8.2B | 7.9B | 9.0B | 10.4B | 5.4B | |
Net Receivables | 7.8B | 9.7B | 11.8B | 12.2B | 14.1B | 14.8B | |
Liabilities And Stockholders Equity | 37.1B | 43.2B | 47.3B | 51.2B | 58.9B | 61.9B | |
Non Current Liabilities Total | 6.9B | 7.4B | 7.0B | 6.8B | 7.8B | 8.2B | |
Other Stockholder Equity | 6.2B | 7.0B | 6.1B | 8.1B | 9.3B | 9.8B | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 4.7B | 4.2B | 4.8B | 5.0B | |
Total Current Assets | 17.7B | 19.7B | 21.6B | 23.4B | 26.9B | 28.2B | |
Accumulated Other Comprehensive Income | (1.6B) | (1.4B) | (2.2B) | (1.7B) | (1.6B) | (1.5B) | |
Short Term Debt | 763.9M | 756.2M | 716.8M | 795.2M | 914.5M | 960.2M | |
Good Will | 7.7B | 11.1B | 13.1B | 15.6B | 17.9B | 18.8B | |
Treasury Stock | (1.4B) | (2.6B) | (3.4B) | (6.7B) | (6.0B) | (5.7B) | |
Intangible Assets | 1.0B | 1.7B | 1.9B | 2.1B | 2.4B | 2.5B | |
Net Tangible Assets | 9.3B | 8.4B | 9.0B | 10.1B | 11.6B | 6.1B | |
Noncontrolling Interest In Consolidated Entity | 418.7M | 498.6M | 567.7M | 641.0M | 737.1M | 536.2M | |
Retained Earnings Total Equity | 10.4B | 12.4B | 14.0B | 18.2B | 20.9B | 22.0B |
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Is Accenture Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accenture Plc. If investors know Accenture will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accenture Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.101 | Dividend Share 4.99 | Earnings Share 11.03 | Revenue Per Share 102.561 | Quarterly Revenue Growth (0) |
The market value of Accenture plc is measured differently than its book value, which is the value of Accenture that is recorded on the company's balance sheet. Investors also form their own opinion of Accenture Plc's value that differs from its market value or its book value, called intrinsic value, which is Accenture Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accenture Plc's market value can be influenced by many factors that don't directly affect Accenture Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accenture Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accenture Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accenture Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.