The TJX Companies Inc (TJX)
Number of days of payables
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 12.79 | — | — | 12.17 | |
| Number of days of payables | days | — | 28.55 | — | — | 29.99 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The TJX Companies Inc's number of days of payables as of February 3, 2024, was 28.55 days. This ratio indicates the average number of days it takes for the company to pay its suppliers for goods or services received. The decrease in the number of days of payables from 29.99 days on January 28, 2023, to 28.55 days on February 3, 2024, could suggest that the company is managing its payables more efficiently or possibly negotiating better terms with its suppliers. The absence of data for January 31, 2023, January 31, 2024, and January 31, 2025, indicates that specific information regarding payables for these periods is not available or not applicable.
Peer comparison
Jan 31, 2025