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TJX Companies Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($4,161 Mil) to Oct. 2015 ($4,730 Mil) but then declined from Oct. 2015 ($4,730 Mil) to Jan. 2016 ($3,891 Mil).
TJX Companies Inc's annual accounts payable & accrued expense increased from Jan. 2014 ($2,906 Mil) to Jan. 2015 ($3,463 Mil) and increased from Jan. 2015 ($3,463 Mil) to Jan. 2016 ($3,891 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
TJX Companies Inc Annual Data
|Accounts Payable & Accrued Expense||1,986||2,436||2,373||2,893||3,130||2,595||3,179||2,906||3,463||3,891|
TJX Companies Inc Quarterly Data
|Accounts Payable & Accrued Expense||4,044||2,906||3,705||3,825||4,390||3,463||4,137||4,161||4,730||3,891|