H&R Block (LTS:0HOB) Days Sales Outstanding : 0.34 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is H&R Block Days Sales Outstanding?

H&R Block's average Accounts Receivable for the three months ended in Mar. 2024 was $8 Mil. H&R Block's Revenue for the three months ended in Mar. 2024 was $2,185 Mil. Hence, H&R Block's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.34.

The historical rank and industry rank for H&R Block's Days Sales Outstanding or its related term are showing as below:

LTS:0HOB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.67 Med: 5.52 Max: 15.44
Current: 1.66

During the past 13 years, H&R Block's highest Days Sales Outstanding was 15.44. The lowest was 0.67. And the median was 5.52.

LTS:0HOB's Days Sales Outstanding is ranked better than
93.14% of 102 companies
in the Personal Services industry
Industry Median: 20.34 vs LTS:0HOB: 1.66

H&R Block's Days Sales Outstanding declined from Mar. 2023 (1.30) to Mar. 2024 (0.34).

H&R Block Days Sales Outstanding Historical Data

The historical data trend for H&R Block's Days Sales Outstanding 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.

* Premium members only.

H&R Block Days Sales Outstanding Chart

H&R Block Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

2.97

3.56

2.04

1.51

0.67

H&R Block Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															1.30	2.49	2.79	3.67	0.34

Competitive Comparison of H&R Block's Days Sales Outstanding

For the Personal Services subindustry, H&R Block's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

H&R Block's Days Sales Outstanding Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where H&R Block's Days Sales Outstanding falls into.

H&R Block Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

H&R Block's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.674	+	5.066)	/	2 )	/	3472.185	*	365
=	6.37					/	3472.185	*	365
=	0.67

H&R Block's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (8.222	+	0)	/	1 )	/	2184.834	*	365 / 4
=	8.222					/	2184.834	*	365 / 4
=	0.34

H&R Block (LTS:0HOB) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

H&R Block Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of H&R Block's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

H&R Block (LTS:0HOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (LTS:0HOB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HRB:USA HRB:Germany H1RB34:Brazil

Address

One H&R Block Way, Kansas City, MO, USA, 64105

Website

https://www.hrblock.com

H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.

H&R Block (LTS:0HOB) Headlines

No Headlines