The TJX Companies Inc (TJX)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	56,360,000	56,421,000	55,623,000	55,420,000	55,699,000	52,046,000	50,564,000	49,082,000	50,844,200	52,715,400	53,099,400	53,482,700	50,805,500	48,019,300	47,258,800	48,946,900	50,889,100	51,578,000	52,703,400	50,926,100
Receivables	US$ in thousands	—	—	—	—	—	—	696,000	—	696,000	—	633,000	—	682,000	—	713,046	—	667,813	—	—	632,160
Receivables turnover		—	—	—	—	—	—	72.65	—	73.05	—	83.89	—	74.49	—	66.28	—	76.20	—	—	80.56

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $56,360,000K ÷ $—K
= —

The receivables turnover ratio for The TJX Companies Inc fluctuated over the periods reported. From January 29, 2022, to January 28, 2023, the ratio ranged from a low of 66.28 to a high of 83.89, indicating variability in how quickly the company collected outstanding receivables during those periods. An increasing receivables turnover ratio suggests that TJX is more efficient in collecting payments from its customers. It is notable that on certain dates, such as January 31, 2022, and July 31, 2023, the receivables turnover ratio was not provided (represented as "—"), which may indicate missing data or changes in reporting practices. The consistent monitoring and analysis of the receivables turnover ratio are essential to evaluate TJX's effectiveness in managing its accounts receivable and maintaining healthy cash flows.