TJX (WBO:TJXC) Days Payable

: 37.43 (As of Jan. 2024)

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TJX's average Accounts Payable for the three months ended in Jan. 2024 was €4,341 Mil. TJX's Cost of Goods Sold for the three months ended in Jan. 2024 was €10,583 Mil. Hence, TJX's Days Payable for the three months ended in Jan. 2024 was 37.43.

The historical rank and industry rank for TJX's Days Payable or its related term are showing as below:

WBO:TJXC' s Days Payable Range Over the Past 10 Years
Min: 32.51 Med: 34.61 Max: 55.76
Current: 41.98

During the past 13 years, TJX's highest Days Payable was 55.76. The lowest was 32.51. And the median was 34.61.

WBO:TJXC's Days Payable is ranked worse than
62.41% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs WBO:TJXC: 41.98

TJX's Days Payable declined from Jan. 2023 (39.35) to Jan. 2024 (37.43). It may suggest that TJX accelerated paying its suppliers.

TJX Days Payable Historical Data

The historical data trend for TJX's Days Payable 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.

* Premium members only.

TJX Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

32.06

57.70

47.02

40.63

37.02

TJX Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																39.35	44.48	44.96	48.23	37.43

Competitive Comparison

For the Apparel Retail subindustry, TJX's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TJX Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Days Payable distribution charts can be found below:

* The bar in red indicates where TJX's Days Payable falls into.

TJX Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

TJX's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (3520.832	+	3545.316)	/	2 )	/	34839.018	*	365
=	3533.074					/	34839.018	*	365
=	37.02

TJX's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (5137.475	+	3545.316)	/	2 )	/	10582.704	*	365 / 4
=	4341.3955					/	10582.704	*	365 / 4
=	37.43

TJX Days Payable Related Terms

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TJX (WBO:TJXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TJX Companies Inc (WBO:TJXC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TJX:USA TJX:Mexico 1TJX:Italy TJXd:UK 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.

TJX (WBO:TJXC) Headlines

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