The TJX Companies Inc (TJX)

Days of inventory on hand (DOH)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Inventory turnover		8.28	5.78	7.13	7.18	7.93	5.47	6.47	6.56	7.49	6.35	7.87	7.04	7.47	6.65	8.95	7.19	7.83	5.93	7.20	7.16
DOH	days	44.09	63.16	51.17	50.83	46.00	66.76	56.37	55.62	48.73	57.46	46.35	51.85	48.84	54.92	40.80	50.78	46.61	61.58	50.67	50.96

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.28
= 44.09

The days of inventory on hand (DOH) for The TJX Companies Inc has varied over the past few years, ranging from a low of 40.80 days to a high of 66.76 days. The DO asset management efficiency of TJX in terms of inventory turnover seems to fluctuate, potentially indicating changes in their inventory management practices.

The average DOH over the period appears to be around 51 days, suggesting that TJX typically holds inventory for approximately 51 days before selling it. historians. is.. of of of of of of of .

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a open with at at of re with what act with p In e Die The 20ሤy.0.401!-@ the inventory management in B0 days to 66.76 days, it is clear that on occasion the company may hold excess inventory, potentially leading to increased carrying costs. It is important for TJX to continually evaluate and adjust its inventory levels to optimize working capital utilization and overall operational efficiency, taking into account demand fluctuations and market trends. the DOH metric is required to estimate ́and ̣ager inventory levels, this is not a single solution tool, but a valuable indication of operational effectiveness and strategies.