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GuruFocus has detected 3 Warning Signs with TJX Companies Inc $TJX.
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TJX Companies Inc (NYSE:TJX)
Change In Working Capital
$698 Mil (As of Jan. 2017)

TJX Companies Inc's change in working capital for the quarter that ended in Jan. 2017 was $698 Mil. It means TJX Companies Inc's working capital increased by $698 Mil from Oct. 2016 to Jan. 2017 .

TJX Companies Inc's change in working capital for the fiscal year that ended in Jan. 2017 was $563 Mil. It means TJX Companies Inc's working capital increased by $563 Mil from Jan. 2016 to Jan. 2017 .


Definition

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Total Current Assets, Total Current Liabilities


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

TJX Companies Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
ChangeInWorkingCapital 222-382549-5-238612-127101-5563

TJX Companies Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ChangeInWorkingCapital 9328-159-241-19414-254-31150698
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