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TJX Companies Inc (NYSE:TJX)
Days Payable
39.93 (As of Apr. 2015)

TJX Companies Inc's payable for the three months ended in Apr. 2015 was $2,153 Mil. TJX Companies Inc's cost of goods sold for the three months ended in Apr. 2015 was $4,920 Mil. Hence, TJX Companies Inc's days payable for the three months ended in Apr. 2015 was 39.93.

TJX Companies Inc's days payable increased from Apr. 2014 (38.16) to Apr. 2015 (39.93). It may suggest that TJX Companies Inc delayed 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 Apr. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2153.296/4920.241*365 / 4
=39.93

* 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

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysPayable 31.9538.0138.6043.3928.6138.1639.7244.7930.7439.93
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