H&R Block (H&R Block) Receivables Turnover : 24.86 (As of Dec. 2023)

H&R Block Receivables Turnover Chart

H&R Block Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Jun22	Jun23
Receivables Turnover		Get a 7-Day Free Trial					86.53	72.59	178.93	241.91	545.08

H&R Block Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															21.67	69.94	36.61	32.67	24.86

Competitive Comparison of H&R Block's Receivables Turnover

For the Personal Services subindustry, H&R Block's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover Distribution in the Personal Services Industry

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

* The bar in red indicates where H&R Block's Receivables Turnover falls into.

H&R Block Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

H&R Block's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

H&R Block's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

H&R Block  (NYSE:HRB) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

H&R Block Receivables Turnover Related Terms

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H&R Block (H&R Block) Business Description