T.J. Days Sales Outstanding from 2010 to 2024

TJX Stock  USD 123.94  1.07  0.86%   
T.J. Maxx Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding will likely drop to 2.84 in 2024. During the period from 2010 to 2024, T.J. Maxx Days Sales Outstanding regression line of annual values had r-squared of  0.32 and arithmetic mean of  3.51. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
3.95853699
Current Value
2.84056603
Quarterly Volatility
0.51836886
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Total Revenue of 56.9 B or Gross Profit of 17.1 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0103 or PTB Ratio of 10.59. T.J. financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules.
  
Check out the analysis of T.J. Maxx Correlation against competitors.

Latest T.J. Maxx's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of The TJX Companies over the last few years. It is T.J. Maxx's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T.J. Maxx's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

T.J. Days Sales Outstanding Regression Statistics

Arithmetic Mean3.51
Geometric Mean3.47
Coefficient Of Variation14.78
Mean Deviation0.47
Median3.79
Standard Deviation0.52
Sample Variance0.27
Range1.1622
R-Value0.56
Mean Square Error0.20
R-Squared0.32
Significance0.03
Slope0.07
Total Sum of Squares3.76

T.J. Days Sales Outstanding History

2024 2.84
2020 3.96
2014 3.79

About T.J. Maxx Financial Statements

T.J. Maxx investors use historical fundamental indicators, such as T.J. Maxx's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 3.96  2.84 

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Additional Tools for T.J. Stock Analysis

When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.