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H&R Block's change in receivables for the quarter that ended in Dec. 2023 was $-354 Mil. It means H&R Block's Accounts Receivable increased by $354 Mil from Sep. 2023 to Dec. 2023 .
H&R Block's change in receivables for the fiscal year that ended in Jun. 2023 was $-57 Mil. It means H&R Block's Accounts Receivable increased by $57 Mil from Jun. 2022 to Jun. 2023 .
H&R Block's Accounts Receivable for the quarter that ended in Dec. 2023 was $8 Mil.
Days Sales Outstanding measures of 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. H&R Block's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.19.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. H&R Block's liquidation value for the three months ended in Dec. 2023 was $-3,222 Mil.
The historical data trend for H&R Block's Change In Receivables 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.
H&R Block Annual Data | |||||||||||||||||||||
Trend | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Jun22 | Jun23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -73.65 | -66.90 | -150.93 | -37.89 | -57.24 |
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 | |
Change In Receivables | Get a 7-Day Free Trial | -266.00 | 24.90 | 180.15 | 4.98 | -353.81 |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144 Mil.
* 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) Change In Receivables Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.
H&R Block's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 8.222 | / | 179.083 | * | 91 |
= | 4.19 |
2. In Ben Graham's calculation of liquidation value, H&R Block's accounts receivable are only considered to be worth 75% of book value:
H&R Block's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 321.014 | - | 3548.947 | + | 0.75 * 8.222 | + | 0.5 * 0 |
= | -3,222 |
* 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.
Thank you for viewing the detailed overview of H&R Block's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Tony G Bowen | officer: Chief Financial Officer | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Kellie J Logerwell | officer: VP & Chief Acct Officer | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Jones Jeffrey J Ii | officer: President & CEO - Designate | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Richard A Johnson | director | FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120 |
Robert A Gerard | director | 161 DUANE ST, NEW YORK NY 10013 |
Karen A Orosco | officer: SVP, U.S. Retail | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Christianna Wood | director | 330 OLD Y ROAD, GOLDEN CO 80401 |
Dara S Redler | officer: Chief Legal Officer | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Thomas A Gerke | officer: SVP and General Counsel | GERKE THOMAS A, OVERLAND PARK KS 66251 |
Mia Mends | director | 5254 BIRDWOOD ROAD, HOUSTON TX 77096 |
Sean Cohan | director | 675 SIXTH AVENUE, 3RD FLOOR, NEW YORK NY 10011 |
Yolande G Piazza | director | 111 8TH AVENUE, NEW YORK NY 10011 |
Anuradha Gupta | director | 564 PACIFIC AVENUE, SAN FRANCISCO CA 94133 |
Matthew E Winter | director | 2775 SANDERS ROAD, NORTHBROOK IL 60062 |
Kathryn M Collins | officer: SVP & Chief Marketing Office | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
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