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TJX Companies's accounts payable for the three months ended in Oct. 2014 was $2,554 Mil. TJX Companies's cost of goods sold for the three months ended in Oct. 2014 was $5,204 Mil. Hence, TJX Companies's days accounts payable for the three months ended in Oct. 2014 was 44.79.
TJX Companies's days accounts payable increased from Oct. 2013 (43.39) to Oct. 2014 (44.79). It may suggest that TJX Companies delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
TJX Companies's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as
TJX Companies's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
TJX Companies Annual Data
|Days Accts Payable||40.96||38.99||37.91||39.31||32.36||36.77||38.32||35.63||38.05||32.98|
TJX Companies Quarterly Data
|Days Accts Payable||39.77||41.15||31.95||38.01||38.60||43.39||28.61||38.16||39.72||44.79|