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H&R Block Inc (NYSE:HRB)
Days Payable
14.44 (As of Apr. 2014)

H&R Block Inc's payable for the three months ended in Apr. 2014 was $407 Mil. H&R Block Inc's revenue for the three months ended in Apr. 2014 was $2,563 Mil. Hence, H&R Block Inc's days payable for the three months ended in Apr. 2014 was 14.44.

H&R Block Inc's days payable declined from Apr. 2013 (17.21) to Apr. 2014 (14.44). It may suggest that H&R Block Inc accelerated 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 Apr. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=406.655/2562.99*91
=14.44

* 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 125.14116.09104.61111.2248.6243.2644.3842.4352.2749.08

H&R Block Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysPayable 5.5715.30262.6963.063.3417.21154.4215.2210.6514.44
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