The TJX Companies Inc (TJX)
Total asset 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 |
| Total assets | US$ in thousands | 31,749,000 | 32,436,000 | 30,555,000 | 29,679,000 | 29,747,000 | 30,351,000 | 30,351,000 | 28,922,000 | 28,922,000 | 28,681,000 | 28,681,000 | 28,349,000 | 28,349,000 | 28,428,400 | 28,428,000 | 27,090,600 | 27,091,000 | 27,709,900 | 28,461,000 | 28,461,000 |
| Total asset turnover | 1.78 | 1.74 | 1.82 | 1.87 | 1.87 | 1.71 | 1.67 | 1.70 | 1.76 | 1.84 | 1.85 | 1.89 | 1.79 | 1.69 | 1.66 | 1.81 | 1.88 | 1.86 | 1.85 | 1.79 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $56,360,000K ÷ $31,749,000K
= 1.78
The total asset turnover ratio of The TJX Companies Inc has exhibited fluctuations over the specified period, ranging from a low of 1.66 to a high of 1.89. This metric indicates how efficiently the company utilizes its assets to generate revenue, with a higher ratio generally implying better asset utilization. The trend shows some variability with occasional peaks and declines, suggesting potential changes in the company's operational efficiency. It is important to monitor this ratio over time to assess the company's management of its assets and its overall performance in generating sales relative to its asset base.
Peer comparison
Jan 31, 2025