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H&R Block (H&R Block) Inventory-to-Revenue : 0.00 (As of Dec. 2023)


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What is H&R Block Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. H&R Block's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil. H&R Block's Revenue for the three months ended in Dec. 2023 was $179 Mil. H&R Block's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

H&R Block's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.00) to Sep. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. H&R Block's Days Inventory for the three months ended in Dec. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.


H&R Block Inventory-to-Revenue Historical Data

The historical data trend for H&R Block's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H&R Block Inventory-to-Revenue Chart

H&R Block Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23
Inventory-to-Revenue
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H&R Block Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of H&R Block's Inventory-to-Revenue

For the Personal Services subindustry, H&R Block's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H&R Block's Inventory-to-Revenue Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where H&R Block's Inventory-to-Revenue falls into.



H&R Block Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

H&R Block's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (0 + 0) / 1 ) / 3472.185
=0 / 3472.185
=0.00

H&R Block's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 0) / 1 ) / 179.083
=0 / 179.083
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H&R Block  (NYSE:HRB) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

H&R Block's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/299.827*365 / 4
=0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

H&R Block's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=299.827 / 0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H&R Block Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of H&R Block's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


H&R Block (H&R Block) Business Description

Traded in Other Exchanges
Address
One H&R Block Way, Kansas City, MO, USA, 64105
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.
Executives
Tony G Bowen officer: Chief Financial Officer ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Kellie J Logerwell officer: VP & Chief Acct Officer ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Jones Jeffrey J Ii officer: President & CEO - Designate ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Richard A Johnson director FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Robert A Gerard director 161 DUANE ST, NEW YORK NY 10013
Karen A Orosco officer: SVP, U.S. Retail ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Christianna Wood director 330 OLD Y ROAD, GOLDEN CO 80401
Dara S Redler officer: Chief Legal Officer ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Thomas A Gerke officer: SVP and General Counsel GERKE THOMAS A, OVERLAND PARK KS 66251
Mia Mends director 5254 BIRDWOOD ROAD, HOUSTON TX 77096
Sean Cohan director 675 SIXTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Yolande G Piazza director 111 8TH AVENUE, NEW YORK NY 10011
Anuradha Gupta director 564 PACIFIC AVENUE, SAN FRANCISCO CA 94133
Matthew E Winter director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Kathryn M Collins officer: SVP & Chief Marketing Office ONE H&R BLOCK WAY, KANSAS CITY MO 64105