H&R Block (FRA:HRB) Change In Receivables : €-153 Mil (TTM As of Mar. 2024)

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What is H&R Block Change In Receivables?

H&R Block's change in receivables for the quarter that ended in Mar. 2024 was €1 Mil. It means H&R Block's Accounts Receivable declined by €1 Mil from Dec. 2023 to Mar. 2024 .

H&R Block's change in receivables for the fiscal year that ended in Jun. 2023 was €-53 Mil. It means H&R Block's Accounts Receivable increased by €53 Mil from Jun. 2022 to Jun. 2023 .

H&R Block's Accounts Receivable for the quarter that ended in Mar. 2024 was €0 Mil.

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 Receivable are being managed. H&R Block's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. H&R Block's liquidation value for the three months ended in Mar. 2024 was €-2,345 Mil.

H&R Block Change In Receivables Historical Data

The historical data trend for H&R Block's Change In Receivables 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 Change In Receivables Chart

H&R Block Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Change In Receivables

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-65.55

-61.54

-126.18

-35.84

-52.84

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
Change In Receivables	Get a 7-Day Free Trial															23.26	166.28	4.67	-324.45	0.67

H&R Block Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-153 Mil.

H&R Block (FRA:HRB) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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 Receivable are being managed.

H&R Block's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	2010.047	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, H&R Block's accounts receivable are only considered to be worth 75% of book value:

H&R Block's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	731.048	-	3075.678	+	0.75 * 0	+	0.5 * 0
=	-2,345

H&R Block Change In Receivables Related Terms

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H&R Block (FRA:HRB) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (FRA:HRB) » Definitions » Change In Receivables

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.