Switch to:
H&R Block Inc (NYSE:HRB)
Days Payable
193.49 (As of Jul. 2014)

H&R Block Inc's payable for the three months ended in Jul. 2014 was $284 Mil. H&R Block Inc's revenue for the three months ended in Jul. 2014 was $134 Mil. Hence, H&R Block Inc's days payable for the three months ended in Jul. 2014 was 193.49.

H&R Block Inc's days payable increased from Jul. 2013 (154.42) to Jul. 2014 (193.49). It may suggest that H&R Block Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

H&R Block Inc's Days Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=406.655/3024.295*365
=49.08

H&R Block Inc's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=284.038/133.586*91
=193.49

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


Related Terms

Revenue


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
DaysPayable 178.60142.06104.6139.2448.6243.2656.8842.4352.2749.08

H&R Block Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 15.30262.6963.063.3417.21154.4215.2210.6514.44193.49
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK