HP (WBO:HPQ) Deferred Tax : €-724 Mil (TTM As of Jan. 2024)

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What is HP Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

HP's change in deferred tax for the three months ended in Jan. 2024 was €-5 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jan. 2024 was €-724 Mil.

HP Deferred Tax Historical Data

The historical data trend for HP's Deferred Tax 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.

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HP Deferred Tax Chart

HP Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Deferred Tax

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120.23

36.55

-501.68

585.66

-874.08

HP Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Deferred Tax	Get a 7-Day Free Trial															-129.92	-617.42	38.87	-141.10	-4.59

HP Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-724 Mil.

HP Deferred Tax Related Terms

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HP (WBO:HPQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HP Inc (WBO:HPQ) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

HPQ:USA HPQ:Mexico 1HPQ:Italy 7HP:Germany HPQB34:Brazil HPQ:Argentina

Address

1501 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.hp.com

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.