HRB Accounts Payable from 2010 to 2024

HRB Stock  USD 59.28  0.05  0.08%   
HR Block's Accounts Payable is decreasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 148 M. Accounts Payable is the amount HR Block owes to suppliers or vendors for products or services received but not yet paid for. It represents HR Block's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-03-31
Previous Quarter
155.8 M
Current Value
161.6 M
Quarterly Volatility
580.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HR Block financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HR Block's main balance sheet or income statement drivers, such as Depreciation And Amortization of 129.4 M, Interest Expense of 131.8 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0241 or PTB Ratio of 90.03. HRB financial statements analysis is a perfect complement when working with HR Block Valuation or Volatility modules.
  
Check out the analysis of HR Block Correlation against competitors.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.

Latest HR Block's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of HR Block over the last few years. An accounting item on the balance sheet that represents HR Block obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of HR Block are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. HR Block's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HR Block's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

HRB Accounts Payable Regression Statistics

Arithmetic Mean263,641,900
Geometric Mean225,342,414
Coefficient Of Variation60.20
Mean Deviation115,877,507
Median217,028,000
Standard Deviation158,712,338
Sample Variance25189.6T
Range509.7M
R-Value(0.55)
Mean Square Error18880.4T
R-Squared0.30
Significance0.03
Slope(19,567,570)
Total Sum of Squares352654.5T

HRB Accounts Payable History

2024148 M
2023155.8 M
2022159.9 M
2021160.9 M
2020198.1 M
2019203.1 M
2018249.5 M

About HR Block Financial Statements

HR Block stakeholders use historical fundamental indicators, such as HR Block's Accounts Payable, to determine how well the company is positioned to perform in the future. Although HR Block investors may analyze each financial statement separately, they are all interrelated. For example, changes in HR Block's assets and liabilities are reflected in the revenues and expenses on HR Block's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in HR Block. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable155.8 M148 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether HR Block offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HR Block's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hr Block Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hr Block Stock:
Check out the analysis of HR Block Correlation against competitors.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HR Block. If investors know HRB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HR Block listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
1.335
Earnings Share
4.02
Revenue Per Share
25.832
Quarterly Revenue Growth
0.054
The market value of HR Block is measured differently than its book value, which is the value of HRB that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HR Block's market value can be influenced by many factors that don't directly affect HR Block's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if HR Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.