Discontinued — last reported Q1 '24
Growth Markets — Total business optimization costs
Accenture Growth Markets — Total business optimization costs decreased by 75.5% to $6.16M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 92.7%, from $84.06M to $6.16M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests active restructuring or cost-cutting efforts, while a decrease may indicate the completion of optimization initiatives or a shift in strategic focus.
Detailed definition
This metric represents the total expenses incurred by a specific geographic or business segment to streamline operations...
Peer comparison
Peers in the IT services sector often report these as restructuring charges or transformation costs, which are typically evaluated relative to the segment's total revenue.
acn_segment_growth_markets_total_business_optimization_costsHistorical Data
| Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $27.03M | $84.06M | $22.93M | $25.16M | $6.16M |
| QoQ Change | — | +211.0% | -72.7% | +9.7% | -75.5% |
| YoY Change | — | — | — | -6.9% | -92.7% |
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Frequently Asked Questions
- What is Accenture's growth markets — total business optimization costs?
- Accenture (ACN) reported growth markets — total business optimization costs of $6.16M in Q1 2024.
- How has Accenture's growth markets — total business optimization costs changed year-over-year?
- Accenture's growth markets — total business optimization costs decreased by 92.7% year-over-year, from $84.06M to $6.16M.
- What does growth markets — total business optimization costs mean?
- The total costs associated with restructuring and streamlining operations within a specific business segment.