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TJX Companies Inc (NYSE:TJX)
Days Payable
41.95 (As of Oct. 2016)

TJX Companies Inc's payable for the three months ended in Oct. 2016 was $2,687 Mil. TJX Companies Inc's cost of goods sold for the three months ended in Oct. 2016 was $5,844 Mil. Hence, TJX Companies Inc's days payable for the three months ended in Oct. 2016 was 41.95.

TJX' s Days Payable Range Over the Past 10 Years
Min: 32.28   Max: 42.33
Current: 42.33

32.28
42.33

During the past 13 years, TJX Companies Inc's highest Days Payable was 42.33. The lowest was 32.28. And the median was 36.63.

TJX's Days Payable is ranked lower than
61% of the 653 Companies
in the Global Apparel Stores industry.

( Industry Median: 52.13 vs. TJX: 42.33 )

TJX Companies Inc's days payable declined from Oct. 2015 (44.68) to Oct. 2016 (41.95). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2203.05/22034.523*365
=36.49

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2686.845/5843.873*365 / 4
=41.95

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


Related Terms

Revenue


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

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 38.6240.0032.2836.7738.3235.6338.0532.9835.2736.49

TJX Companies Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysPayable 39.7244.7930.7439.9339.5044.6831.4736.2937.0441.95
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