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H&R Block Inc (NYSE:HRB)
Days Sales Outstanding
6.80 (As of Apr. 2014)

H&R Block Inc's account receivable for the three months ended in Apr. 2014 was $192 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 sales outstanding for the three months ended in Apr. 2014 was 6.80.

H&R Block Inc's days sales outstanding increased from Apr. 2013 (0.00) to Apr. 2014 (6.80).


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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=191.618/3024.295*365
=23.13

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=191.618/2562.99*91
=6.80

* 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

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysSalesOutstanding 118.9299.2387.7547.7245.8448.8061.0124.4525.9823.13

H&R Block Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysSalesOutstanding 142.128.82109.7482.55183.000.0092.2389.21294.686.80
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