The TJX Companies Inc (TJX)

Days of sales outstanding (DSO)

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Receivables turnover 92.03 73.38
DSO days 3.97 4.97

January 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Days Sales Outstanding (DSO) is a metric used to evaluate how efficiently a company is managing its accounts receivable. For The TJX Companies Inc, based on the data provided:

- As of January 28, 2023, the DSO was 4.97 days, indicating that on average, the company collects its accounts receivable within approximately 5 days.
- As of January 31, 2023, and January 31, 2024, the DSO data is not available (represented as "— days"), making it difficult to assess the efficiency of accounts receivable collection during those periods.
- On February 3, 2024, the DSO improved significantly to 3.97 days, suggesting that the company collected its receivables even faster than in the previous period.
- As of January 31, 2025, the DSO data is not available, similar to the previous years.

Overall, the available DSO data for The TJX Companies Inc indicates a generally efficient management of accounts receivable, with a noticeable improvement in collection efficiency on February 3, 2024. The lack of data for certain periods limits the ability to conduct a thorough trend analysis.


See also:

The TJX Companies Inc Average Receivable Collection Period