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H&R Block Inc (NYSE:HRB)
Accounts Payable
$593 Mil (As of Jan. 2015)

H&R Block Inc's quarterly accounts payable declined from Jul. 2014 ($800 Mil) to Oct. 2014 ($620 Mil) and declined from Oct. 2014 ($620 Mil) to Jan. 2015 ($593 Mil).

H&R Block Inc's annual accounts payable increased from Apr. 2012 ($1,067 Mil) to Apr. 2013 ($1,075 Mil) and increased from Apr. 2013 ($1,075 Mil) to Apr. 2014 ($1,143 Mil).


Definition

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

H&R Block Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Accts Payable 2,2092,1661,9001,5451,5101,4151,3341,0671,0751,143

H&R Block Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
Accts Payable 5416011,0756924916521,143800620593
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