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TJX Companies Inc (NYSE:TJX)
Change In Inventory
\$-162 Mil (As of Apr. 2016)

TJX Companies Inc's change in inventory for the quarter that ended in Apr. 2016 was \$-162 Mil. It means TJX Companies Inc's inventory declined by \$162 Mil from Jan. 2016 to Apr. 2016 .

TJX Companies Inc's change in inventory for the fiscal year that ended in Jan. 2016 was \$-507 Mil. It means TJX Companies Inc's inventory declined by \$507 Mil from Jan. 2015 to Jan. 2016 .

TJX Companies Inc's inventory for the quarter that ended in Apr. 2016 was \$3,905 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. TJX Companies Inc's days inventory for the quarter that ended in Apr. 2016 was 64.55.

Inventory can be measured by Days Sales of Inventory (DSI). TJX Companies Inc's days sales of inventory (DSI) for the quarter that ended in Apr. 2016 was 45.97.

Inventory turnover measures how fast the company turns over its inventory within a year. TJX Companies Inc's inventory turnover for the quarter that ended in Apr. 2016 was 1.41.

Inventory to revenue ratio determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. TJX Companies Inc's inventory to revenue ratio for the quarter that ended in Apr. 2016 was 0.50.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’s ending inventory.

Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

TJX Companies Inc's Days Inventory for the quarter that ended in Apr. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 3800.051 / 5372.143 * 365 / 4 = 64.55

2. Inventory can be measured by Days Sales of Inventory (DSI).

TJX Companies Inc's Days Sales of Inventory for the quarter that ended in Apr. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 3800.051 / 7542.356 * 365 / 4 = 45.97

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

TJX Companies Inc's Inventory Turnover for the quarter that ended in Apr. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 5372.143 / 3800.051 = 1.41

4. Inventory to Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

TJX Companies Inc's Inventory to Revenue for the quarter that ended in Apr. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 3800.051 / 7542.356 = 0.50

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

TJX Companies Inc Annual Data

 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 ChangeInInventory -201 -112 -68 148 -212 -187 27 35 -332 -507

TJX Companies Inc Quarterly Data

 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 ChangeInInventory 690 -226 -181 -613 687 -299 -227 -673 691 -162
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