H&R Block Inc (HRB)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 14.48 | 8.45 | 14.73 | 12.39 | 12.78 | 7.96 | 13.42 | 12.82 | 12.03 | 8.30 | 13.93 | 10.54 | 10.91 | 5.69 | 14.36 | 15.25 | 12.76 | — | 9.30 | — | |
| Number of days of payables | days | 25.20 | 43.20 | 24.78 | 29.47 | 28.56 | 45.88 | 27.20 | 28.46 | 30.34 | 43.98 | 26.21 | 34.64 | 33.45 | 64.20 | 25.42 | 23.93 | 28.61 | — | 39.25 | — |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.48
= 25.20
The analysis of H&R Block Inc.'s number of days of payables over the specified periods reveals notable fluctuations and general trends in the company's payment practices.
Initially, at the start of the observation period, the data from January 31, 2021, is unavailable or not recorded. By March 31, 2021, the company extended its payables period to approximately 39.25 days, indicating a relatively moderate credit term. However, data for April 30, 2021, is not available, making it difficult to assess the immediate subsequent change.
Subsequently, through mid-2021, the company maintained a payables period averaging around 28.61 days (June 30, 2021) and shortened further to approximately 23.93 days (September 30, 2021). By the end of 2021, the payable days slightly increased to 25.42 days but remained relatively stable.
Entering 2022, there was a significant increase in the payables period, reaching 64.20 days as of March 31, 2022. This was a notable rise compared to the prior periods, suggesting an extension in the company’s credit terms or changes in its payment strategy. Afterward, the payables period decreased to 33.45 days by June 30, 2022, and remained relatively stable in subsequent quarters: 34.64 days (September 30, 2022), and 26.21 days (December 31, 2022).
During 2023, the payables period demonstrated variability but showed a trend towards stabilization, with a value of 43.98 days in March, decreasing slightly to 30.34 days in June, then further to 28.46 days in September, and 27.20 days at the end of December.
In the first quarter of 2024, the payables period increased again to 45.88 days but then declined to 28.56 days (June) and remained close to that level in September at 29.47 days, with further reduction to 24.78 days in December.
Looking ahead into 2025, projections indicate the payables period continued to fluctuate, with a recorded value of 43.20 days in March and a decrease to 25.20 days by June.
Overall, H&R Block Inc. exhibits considerable variability in its days of payables over the observed period, oscillating between approximately 23.93 days and 64.20 days. Periods of increased payables days may imply strategic timing in payments to suppliers or changes in cash flow management, while lower days suggest more prompt payment practices. This fluctuation could reflect seasonal operational factors, supplier negotiations, or broader strategic shifts in managing working capital.
Peer comparison
Jun 30, 2025