HRB Days Of Inventory Outstanding from 2010 to 2024

HRB Stock  USD 59.28  0.05  0.08%   
HR Block's Days Of Inventory Outstanding is decreasing over the years with slightly volatile fluctuation. Days Of Inventory Outstanding is expected to dwindle to 3.11. From 2010 to 2024 HR Block Days Of Inventory Outstanding quarterly data regression line had arithmetic mean of  47.10 and r-squared of  0.72. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
3.27453622
Current Value
3.11
Quarterly Volatility
29.15125294
 
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 Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of HR Block over the last few years. It is HR Block's Days Of Inventory Outstanding 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.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

HRB Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean47.10
Geometric Mean31.23
Coefficient Of Variation61.89
Mean Deviation22.31
Median58.58
Standard Deviation29.15
Sample Variance849.80
Range105
R-Value(0.85)
Mean Square Error254.50
R-Squared0.72
Significance0.000061
Slope(5.54)
Total Sum of Squares11,897

HRB Days Of Inventory Outstanding History

2024 3.11
2023 3.27
2021 7.74
2020 46.3
2019 62.1
2011 58.58
2010 107.63

About HR Block Financial Statements

HR Block stakeholders use historical fundamental indicators, such as HR Block's Days Of Inventory Outstanding, 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
Days Of Inventory Outstanding 3.27  3.11 

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.