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TJX Companies Inc (NYSE:TJX)
Days Payable
31.47 (As of Jan. 2016)

TJX Companies Inc's payable for the three months ended in Jan. 2016 was $2,203 Mil. TJX Companies Inc's cost of goods sold for the three months ended in Jan. 2016 was $6,388 Mil. Hence, TJX Companies Inc's days payable for the three months ended in Jan. 2016 was 31.47.

TJX' s Days Payable Range Over the Past 10 Years
Min: 32.36   Max: 39.31
Current: 34.68

32.36
39.31

During the past 13 years, TJX Companies Inc's highest Days Payable was 39.31. The lowest was 32.36. And the median was 36.63.

TJX's Days Payable is ranked lower than
72% of the 715 Companies
in the Global Apparel Stores industry.

( Industry Median: 49.39 vs. TJX: 34.68 )

TJX Companies Inc's days payable increased from Jan. 2015 (30.74) to Jan. 2016 (31.47). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2203/22034.523*365
=36.49

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2203/6388.192*365 / 4
=31.47

* 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

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 37.9139.3132.3636.7738.3235.6338.0532.9835.2736.49

TJX Companies Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 28.6138.1639.7244.7930.7439.9339.5044.6831.4736.29
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