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TJX Companies (NYSE:TJX)
Change In Inventory
$-613 Mil (As of Oct. 2014)

TJX Companies's change in inventory for the quarter that ended in Oct. 2014 was $-613 Mil. It means TJX Companies's inventory declined by $613 Mil from Jul. 2014 to Oct. 2014 .

TJX Companies's change in inventory for the fiscal year that ended in Jan. 2014 was $35 Mil. It means TJX Companies's inventory increased by $35 Mil from Jan. 2013 to Jan. 2014 .

TJX Companies's inventory for the quarter that ended in Oct. 2014 was $3,959 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. TJX Companies's days inventory for the quarter that ended in Oct. 2014 was 64.42.

Inventory can be measured by Days Sales of Inventory (DSI). TJX Companies's days sales of inventory (DSI) for the quarter that ended in Oct. 2014 was 45.51.

Inventory turnover measures how fast the company turns over its inventory within a year. TJX Companies's inventory turnover for the quarter that ended in Oct. 2014 was 1.42.

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's inventory to revenue ratio for the quarter that ended in Oct. 2014 was 0.50.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’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's Days Inventory for the quarter that ended in Oct. 2014 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=3673.415/5203.629*365 / 4
=64.42

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

TJX Companies's Days Sales of Inventory for the quarter that ended in Oct. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=3673.415/7366.066*365 / 4
=45.51

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

TJX Companies's Inventory Turnover for the quarter that ended in Oct. 2014 is calculated as

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's Inventory to Revenue for the quarter that ended in Oct. 2014 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=3673.415 / 7366.066
=0.50

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


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

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

TJX Companies Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ChangeInInventory -391-9-201-112-68148-212-1872735

TJX Companies Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
ChangeInInventory -117-277364-85-114-456690-226-181-613
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