H&R Block (FRA:HRB) Accounts Payable & Accrued Expense : €771 Mil (As of Mar. 2024)

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What is H&R Block Accounts Payable & Accrued Expense?

H&R Block's quarterly accounts payable & accrued expense declined from Sep. 2023 (€382 Mil) to Dec. 2023 (€331 Mil) but then increased from Dec. 2023 (€331 Mil) to Mar. 2024 (€771 Mil).

H&R Block's annual accounts payable & accrued expense declined from Apr. 2021 (€632 Mil) to Jun. 2022 (€564 Mil) and declined from Jun. 2022 (€564 Mil) to Jun. 2023 (€486 Mil).

H&R Block Accounts Payable & Accrued Expense Historical Data

The historical data trend for H&R Block's Accounts Payable & Accrued Expense 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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H&R Block Accounts Payable & Accrued Expense Chart

H&R Block Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Accounts Payable & Accrued Expense

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639.04

486.95

632.41

563.63

486.29

H&R Block Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															680.95	486.29	382.11	330.53	770.68

H&R Block Accounts Payable & Accrued Expense 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.

H&R Block (FRA:HRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (FRA:HRB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HRB:USA H1RB34:Brazil

Address

One H&R Block Way, Kansas City, MO, USA, 64105

Website

https://www.hrblock.com

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.