Switch to:
H&R Block Inc (NYSE:HRB)
Days Sales Outstanding
6.08 (As of Apr. 2016)

H&R Block Inc's account receivable for the six months ended in Apr. 2016 was $153 Mil. H&R Block Inc's revenue for the six months ended in Apr. 2016 was $2,297 Mil. Hence, H&R Block Inc's days sales outstanding for the six months ended in Apr. 2016 was 12.16.

HRB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.48   Max: 87.75
Current: 12.48

12.48
87.75

During the past 13 years, H&R Block Inc's highest Days Sales Outstanding was 87.75. The lowest was 12.48. And the median was 26.62.

HRB's Days Sales Outstanding is ranked higher than
67% of the 78 Companies
in the Global Personal Services industry.

( Industry Median: 21.37 vs. HRB: 12.48 )

H&R Block Inc's days sales outstanding declined from Oct. 2015 (67.34) to Apr. 2016 (6.08).


Definition

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. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=153.116/3038.153*365
=18.40

H&R Block Inc's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=153.116/2297.477*365 / 2
=12.16

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

H&R Block Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysSalesOutstanding 87.7547.7245.8430.7834.9324.4525.9823.1319.9118.40

H&R Block Inc Semi-Annual Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysSalesOutstanding 6.8283.5573.00139.366.6668.3767.34159.566.0875.39
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)
FEEDBACK