TJX (TJX) Change In Inventory

: $-145 Mil (TTM As of Jan. 2024)

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TJX's change in inventory for the quarter that ended in Jan. 2024 was $2,383 Mil. It means TJX's inventory declined by $2,383 Mil from Oct. 2023 to Jan. 2024 .

TJX's change in inventory for the fiscal year that ended in Jan. 2024 was $-145 Mil. It means TJX's inventory increased by $145 Mil from Jan. 2023 to Jan. 2024 .

TJX's Total Inventories for the quarter that ended in Jan. 2024 was $5,965 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TJX's Days Inventory for the quarter that ended in Jan. 2024 was 56.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. TJX's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.62.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. TJX's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.43.

TJX Change In Inventory Historical Data

The historical data trend for TJX's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TJX Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

-296.54

589.00

-1,658.00

58.00

-145.00

TJX Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory																2,603.00	-624.00	-110.00	-1,794.00	2,383.00

TJX Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-145 Mil.

TJX (NYSE:TJX) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

TJX's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7125	/	11528	*	365 / 4
	=	56.40

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

TJX's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11528	/	7125
	=	1.62

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

TJX's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7125	/	16411
	=	0.43

TJX Change In Inventory Related Terms

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TJX (TJX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TJX Companies Inc (NYSE:TJX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TJX:Mexico 1TJX:Italy TJXd:UK TJX:Germany TJX:Germany TJX:Germany TJXC34:Brazil

Address

770 Cochituate Road, Framingham, MA, USA, 01701

Website

https://www.tjx.com

TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

Executives

Ernie Herrman	officer: SEVP, President, Marmaxx	770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Wagner Charles F Jr	director	C/O MILLIPORE CORP, BILLERICA MA 01820
Carol Meyrowitz	officer: President -- Marmaxx Group	TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Kenneth Canestrari	officer: SEVP - Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Scott Goldenberg	officer: EVP, CFO	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
John Klinger	officer: EVP, CFO	C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Louise Greenlees	officer: SEVP - Group President	C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Amy B Lane	director	1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Richard Sherr	officer: SEVP, Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
C Kim Goodwin	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Zein Abdalla	director	700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577
Michael F Hines	director
Rosemary T Berkery	director	MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038
David T Ching	director	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Douglas W. Mizzi	officer: SEVP - Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701