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H&R Block Inc (NYSE:HRB)
Days Sales Outstanding
75.39 (As of Jul. 2016)

H&R Block Inc's account receivable for the three months ended in Jul. 2016 was $103 Mil. H&R Block Inc's revenue for the three months ended in Jul. 2016 was $125 Mil. Hence, H&R Block Inc's days sales outstanding for the three months ended in Jul. 2016 was 75.39.

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 28.38.

HRB's Days Sales Outstanding is ranked higher than
62% of the 79 Companies
in the Global Personal Services industry.

( Industry Median: 18.22 vs. HRB: 12.48 )

H&R Block Inc's days sales outstanding increased from Jul. 2015 (68.37) to Jul. 2016 (75.39).


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 Jul. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=103.425/125.185*365 / 4
=75.39

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

H&R Block Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysSalesOutstanding 87.7547.7245.8430.7834.9324.4525.9823.1319.9118.40

H&R Block Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysSalesOutstanding 6.8283.5573.00139.366.6668.3767.34159.566.0875.39
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