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H&R Block Inc  (NYSE:HRB) Accounts Payable & Accrued Expense: $374 Mil (As of Jul. 2017)

H&R Block Inc's quarterly accounts payable & accrued expense increased from Jan. 2017 ($370 Mil) to Apr. 2017 ($749 Mil) but then declined from Apr. 2017 ($749 Mil) to Jul. 2017 ($374 Mil).

H&R Block Inc's annual accounts payable & accrued expense declined from Apr. 2015 ($811 Mil) to Apr. 2016 ($795 Mil) and declined from Apr. 2016 ($795 Mil) to Apr. 2017 ($749 Mil).


Historical Data

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

* Premium members only.

H&R Block Inc Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,075.02 796.18 810.75 795.13 749.08

H&R Block Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 416.99 249.39 370.08 749.08 373.72

Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


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