The TJX Companies Inc (TJX)
Days of sales outstanding (DSO)
Jan 31, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | — | 72.65 | — | 73.05 | — | 83.89 | — | 74.49 | — | 66.28 | — | 76.20 | — | — | 80.56 | |
DSO | days | — | — | — | — | — | — | 5.02 | — | 5.00 | — | 4.35 | — | 4.90 | — | 5.51 | — | 4.79 | — | — | 4.53 |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days of Sales Outstanding (DSO) is a financial ratio that measures how long, on average, it takes for a company to collect payment after making a sale. In the case of The TJX Companies Inc, the DSO values for the period from January 29, 2022, to January 31, 2025, have been provided.
Based on the data provided, there are fluctuations and periods where the DSO value is not available, indicated by "— days." This could suggest potential variability in the company's accounts receivable collection process during those periods.
Analyzing the available DSO values, we see that the values range from 4.35 days to 5.51 days over the period. Generally, a lower DSO indicates a more efficient accounts receivable collection process, while a higher DSO suggests that the company may be taking longer to collect payments from customers.
For The TJX Companies Inc, the DSO values show some fluctuation, but the values are relatively low, indicating that the company is efficiently managing its accounts receivable collection process. However, the periods where DSO values are missing may require further investigation to understand the reasons behind these fluctuations and potential impacts on the company's cash flow and overall financial performance.
Peer comparison
Jan 31, 2025
See also:
The TJX Companies Inc Average Receivable Collection Period (Quarterly Data)