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H&R Block Inc's account receivable for the three months ended in Jan. 2015 was $777 Mil. H&R Block Inc's revenue for the three months ended in Jan. 2015 was $509 Mil. Hence, H&R Block Inc's days sales outstanding for the three months ended in Jan. 2015 was 139.36.
H&R Block Inc's days sales outstanding declined from Jan. 2014 (309.34) to Jan. 2015 (139.36).
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 receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
H&R Block Inc's Days Sales Outstanding for the fiscal year that ended in Apr. 2014 is calculated as
H&R Block Inc's Days Sales Outstanding for the quarter that ended in Jan. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
H&R Block Inc Annual Data
H&R Block Inc Quarterly Data