H&R Block Inc (HRB)
Number of days of payables
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 14.48 | 12.78 | 12.03 | 11.69 | 9.30 | |
| Number of days of payables | days | 25.20 | 28.56 | 30.34 | 31.22 | 39.25 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.48
= 25.20
The number of days of payables for H&R Block Inc. demonstrates a consistent downward trend over the observed period from June 30, 2021, to June 30, 2025. Specifically, the payable days decreased from 39.25 days in 2021 to 31.22 days in 2022, indicating a reduction in the average time the company takes to settle its accounts payable obligations. This reduction continued in subsequent years, with the payable days reaching 30.34 days in 2023, further declining to 28.56 days in 2024, and culminating at 25.20 days in 2025.
This trend signifies an increasingly prompt payment cycle to suppliers and creditors over the five-year span. The shortening of the payable days can suggest improved cash flow management or strategic efforts to accelerate payables, potentially to strengthen supplier relationships or reduce the accrual of short-term obligations. Alternatively, it could reflect operational changes or shifts in payment terms negotiated with suppliers. Overall, the data indicates enhanced efficiency in managing accounts payable, with the company settling its liabilities more quickly than in previous years.
Peer comparison
Jun 30, 2025