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TJX Companies Inc's account receivable for the three months ended in Apr. 2015 was $263 Mil. TJX Companies Inc's revenue for the three months ended in Apr. 2015 was $6,866 Mil. Hence, TJX Companies Inc's days sales outstanding for the three months ended in Apr. 2015 was 3.50.
TJX Companies Inc's days sales outstanding declined from Apr. 2014 (3.60) to Apr. 2015 (3.50).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
TJX Companies Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2015 is calculated as
TJX Companies Inc's Days Sales Outstanding for the quarter that ended in Apr. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
TJX Companies Inc Annual Data
TJX Companies Inc Quarterly Data