H&R Block Inc (HRB)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | Jun 30, 2021 | Apr 30, 2021 | Mar 31, 2021 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | 111.47 | — | — | 62.88 | 67.87 | 77.63 | 68.85 | — | — | 82.48 | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | 3.27 | — | — | 5.80 | 5.38 | 4.70 | 5.30 | — | — | 4.43 | — | — | — | — | — | — |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The analysis of H&R Block Inc.'s days of inventory on hand (DOH) over the specified periods indicates that the company has maintained relatively low inventory levels in recent fiscal quarters. Specifically, during the fiscal year ending March 31, 2022, the DOH was recorded at approximately 4.43 days, reflecting minimal inventory holding and efficient inventory turnover. This level was somewhat consistent in subsequent quarters, with December 31, 2022, reporting a slightly higher figure of 5.30 days, and showing a gradual increase through 2023, reaching approximately 5.80 days as of September 30, 2023.
Notably, a significant decrease was observed in the quarter ending June 30, 2024, where the DOH declined to approximately 3.27 days, indicating an improvement in inventory management or changes in operational needs. For the periods ending March 31, 2021, through December 31, 2021, and throughout 2022 and 2023, data was either missing or not available, precluding a comprehensive trend analysis for those dates. The data suggests that H&R Block has been effective in maintaining low inventory levels in recent periods, reflecting operational efficiency and a potential emphasis on lean inventory practices aligned with the nature of its service-oriented business model.
Peer comparison
Jun 30, 2025