H&R Block Inc (HRB)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,760,990 | 3,712,610 | 3,620,340 | 3,620,353 | 3,610,343 | 3,579,863 | 3,488,683 | 3,476,005 | 3,472,190 | 3,490,110 | 3,458,220 | 3,450,631 | 3,463,270 | 2,666,961 | 2,911,941 | 3,354,155 | 3,447,914 | 5,522,333 | 3,360,945 | 3,068,142 |
| Receivables | US$ in thousands | 63,621 | 352,398 | 321,171 | 69,929 | 69,075 | 346,784 | 471,868 | 102,466 | 95,897 | 281,734 | 375,262 | 215,158 | 261,285 | 601,957 | 652,884 | 395,228 | 531,242 | 197,876 | 531,242 | 563,089 |
| Receivables turnover | 59.12 | 10.54 | 11.27 | 51.77 | 52.27 | 10.32 | 7.39 | 33.92 | 36.21 | 12.39 | 9.22 | 16.04 | 13.25 | 4.43 | 4.46 | 8.49 | 6.49 | 27.91 | 6.33 | 5.45 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,760,990K ÷ $63,621K
= 59.12
The receivables turnover ratios for H&R Block Inc. over the period from early 2021 through mid-2025 exhibit notable fluctuations, reflecting changes in the company's efficiency in collecting receivables.
In early 2021, the ratio fluctuated between approximately 5.45 and 6.33, suggesting a relatively moderate pace of collection. A sharp increase is evident in April 2021, where the ratio surged to approximately 27.91, indicating a significantly accelerated collection cycle. This peak was followed by fluctuations, with ratios returning to the 4.46–8.49 range towards the end of 2021, implying a less aggressive receivables collection posture during that period.
Throughout 2022, the ratio demonstrated improvement, reaching highs of 16.04 in September and 13.25 at mid-year, suggesting enhanced efficiency. However, by the year's end, the ratio declined to around 9.22. The early months of 2023 maintained moderate ratios in the 12–13 range, before a substantial increase to 36.21 in June 2023, indicating an even faster receivables turnover. The ratio remained high in September 2023 at approximately 33.92, then experienced a decrease to 7.39 by the end of 2023.
The subsequent data indicates a sharp rise in mid-2024 to 52.27 in June, maintaining a very high level at 51.77 in September. This suggests an exceptionally efficient receivables collection process during this period. However, the ratio declines again to 11.27 by the end of 2024, and further drops to around 10.54 in the first quarter of 2025, with a peak of 59.12 in June 2025.
Overall, the receivables turnover pattern for H&R Block Inc. displays periods of both modest and high efficiency, with notable peaks suggestive of aggressive collection strategies or shorter receivables periods, especially in mid-2024. Conversely, the intervals with lower ratios indicate times when receivables might have been collected more slowly or when the company's receivables base expanded. The trend reflects responsiveness to seasonal factors, operational adjustments, and potential strategic shifts over the analyzed timeframe.
Peer comparison
Jun 30, 2025