H&R Block Inc (HRB)
Days of inventory on hand (DOH)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 91.19 | 98.40 | 113.42 | 101.46 | — | — | 202.35 | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | 4.00 | 3.71 | 3.22 | 3.60 | — | — | 1.80 | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for H&R Block Inc have been variable over the past several quarters, ranging from as low as 1.80 days to as high as 4.00 days. In the most recent quarter, ending September 30, 2023, the DOH was 4.00 days, indicating that the company held enough inventory to cover its sales for 4 days. This suggests that the company may have experienced a buildup of inventory relative to its sales during that period. Overall, fluctuations in the DOH metric can provide insights into the company's inventory management efficiency and potential trends in sales and demand.
Peer comparison
Jun 30, 2024
Company name
Symbol
DOH
H&R Block Inc
HRB
—
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4.08
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