The TJX Companies Inc (TJX)

Number of days of payables

		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
Payables turnover		—	—	—	—	—	—	7.46	—	9.28	—	10.23	—	11.09	—	7.68	—	10.41	—	—	9.39
Number of days of payables	days	—	—	—	—	—	—	48.93	—	39.33	—	35.66	—	32.90	—	47.52	—	35.07	—	—	38.85

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for The TJX Companies Inc fluctuated over the past few years. As of January 29, 2022, it was 38.85 days, indicating that on average, the company took approximately 38.85 days to pay its suppliers. This figure was not available for the subsequent periods up to January 31, 2023.

By July 30, 2022, the number of days of payables had decreased to 35.07 days, suggesting that the company was managing its payables more efficiently during that period. However, data was not provided for the following periods up to October 31, 2023.

On January 28, 2023, the number of days of payables decreased further to 32.90 days, which implies an improvement in the company's ability to manage its accounts payable efficiently. The data for the subsequent periods up to January 31, 2025, was not available.

Overall, the trend in the number of days of payables for The TJX Companies Inc shows some variability, with periods of both increases and decreases. A lower number of days of payables generally indicates better liquidity management and stronger bargaining power with suppliers. It is important for investors and analysts to monitor this metric over time to assess the company's financial health and efficiency in managing its working capital.