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TJX Companies Inc (NYSE:TJX)
Days Payable
44.68 (As of Oct. 2015)

TJX Companies Inc's payable for the three months ended in Oct. 2015 was $2,697 Mil. TJX Companies Inc's cost of goods sold for the three months ended in Oct. 2015 was $5,507 Mil. Hence, TJX Companies Inc's days payable for the three months ended in Oct. 2015 was 44.68.

TJX' s Days Payable Range Over the Past 10 Years
Min: 32.28   Max: 40
Current: 45.56

32.28
40

During the past 13 years, TJX Companies Inc's highest Days Payable was 40.00. The lowest was 32.28. And the median was 37.41.

TJX's Days Payable is ranked lower than
57% of the 712 Companies
in the Global Apparel Stores industry.

( Industry Median: 52.46 vs. TJX: 45.56 )

TJX Companies Inc's days payable declined from Oct. 2014 (44.79) to Oct. 2015 (44.68). It may suggest that TJX Companies Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

TJX Companies Inc's Days Payable for the fiscal year that ended in Jan. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2007.511/20776.522*365
=35.27

TJX Companies Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2696.601/5506.899*365 / 4
=44.68

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


Related Terms

Revenue


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

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 39.2538.6240.0032.2836.7738.3235.6338.0532.9835.27

TJX Companies Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 38.6043.3928.6138.1639.7244.7930.7439.9339.5044.68
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