T.J. Payables Turnover vs Income Quality Analysis

TJX Stock

USD 121.85 0.47 0.39%

T.J. Maxx financial indicator trend analysis is much more than just breaking down TJX Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Companies is a good investment. Please check the relationship between T.J. Maxx Payables Turnover and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Payables Turnover vs Income Quality

Payables Turnover vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Companies Payables Turnover account and Income Quality. At this time, the significance of the direction appears to have pay attention.

The correlation between T.J. Maxx's Payables Turnover and Income Quality is -0.9. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Income Quality in the same time period over historical financial statements of The TJX Companies, assuming nothing else is changed. The correlation between historical values of T.J. Maxx's Payables Turnover and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of The TJX Companies are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payables Turnover i.e., T.J. Maxx's Payables Turnover and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.9

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from T.J. Maxx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

At this time, T.J. Maxx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 13.7 B in 2025, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	49.9B	54.2B	62.3B	65.5B
Depreciation And Amortization	887M	964M	1.1B	1.2B

Total Revenue Depreciation And Amortization

T.J. Maxx fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.97	0.93	0.99	0.93	0.99	0.91	0.91	0.89	0.99	0.98	0.88	0.32	-0.64	0.99	0.93	0.64	0.73	1.0	0.97	0.56	0.96	0.29	0.91	0.94	0.89
Short Long Term Debt Total	0.97		0.88	0.96	0.84	0.97	0.94	0.83	0.9	0.97	0.95	0.89	0.18	-0.67	0.99	0.84	0.52	0.67	0.99	0.93	0.61	0.92	0.32	0.82	0.9	0.8
Other Current Liab	0.93	0.88		0.94	0.93	0.91	0.82	0.93	0.76	0.92	0.92	0.76	0.45	-0.63	0.88	0.95	0.72	0.8	0.91	0.9	0.52	0.89	0.35	0.85	0.93	0.82
Total Current Liabilities	0.99	0.96	0.94		0.93	0.97	0.88	0.9	0.9	0.97	0.97	0.89	0.36	-0.63	0.97	0.93	0.66	0.74	0.99	0.98	0.56	0.98	0.28	0.91	0.92	0.89
Total Stockholder Equity	0.93	0.84	0.93	0.93		0.9	0.77	0.99	0.75	0.91	0.92	0.75	0.56	-0.55	0.86	0.98	0.81	0.74	0.89	0.92	0.58	0.9	0.18	0.91	0.9	0.89
Property Plant And Equipment Net	0.99	0.97	0.91	0.97	0.9		0.96	0.88	0.83	1.0	0.98	0.81	0.22	-0.63	0.99	0.9	0.56	0.76	0.99	0.91	0.5	0.91	0.29	0.89	0.96	0.87
Net Debt	0.91	0.94	0.82	0.88	0.77	0.96		0.75	0.72	0.96	0.91	0.69	0.02	-0.62	0.95	0.79	0.37	0.72	0.93	0.79	0.39	0.79	0.32	0.79	0.91	0.76
Retained Earnings	0.91	0.83	0.93	0.9	0.99	0.88	0.75		0.71	0.88	0.89	0.72	0.59	-0.56	0.83	0.97	0.81	0.74	0.87	0.89	0.63	0.87	0.16	0.87	0.88	0.85
Cash	0.89	0.9	0.76	0.9	0.75	0.83	0.72	0.71		0.83	0.85	1.0	0.25	-0.57	0.9	0.72	0.52	0.5	0.91	0.94	0.59	0.94	0.27	0.78	0.74	0.77
Non Current Assets Total	0.99	0.97	0.92	0.97	0.91	1.0	0.96	0.88	0.83		0.98	0.81	0.23	-0.63	0.99	0.91	0.57	0.76	0.99	0.92	0.5	0.91	0.29	0.89	0.96	0.87
Non Currrent Assets Other	0.98	0.95	0.92	0.97	0.92	0.98	0.91	0.89	0.85	0.98		0.83	0.35	-0.64	0.97	0.93	0.67	0.71	0.98	0.94	0.47	0.94	0.37	0.93	0.93	0.91
Cash And Short Term Investments	0.88	0.89	0.76	0.89	0.75	0.81	0.69	0.72	1.0	0.81	0.83		0.28	-0.57	0.88	0.72	0.54	0.48	0.89	0.94	0.63	0.94	0.25	0.76	0.73	0.76
Net Receivables	0.32	0.18	0.45	0.36	0.56	0.22	0.02	0.59	0.25	0.23	0.35	0.28		-0.25	0.18	0.57	0.9	0.19	0.26	0.45	0.45	0.43	0.12	0.44	0.21	0.45
Common Stock Shares Outstanding	-0.64	-0.67	-0.63	-0.63	-0.55	-0.63	-0.62	-0.56	-0.57	-0.63	-0.64	-0.57	-0.25		-0.65	-0.58	-0.39	-0.41	-0.64	-0.61	-0.43	-0.6	-0.31	-0.55	-0.55	-0.54
Non Current Liabilities Total	0.99	0.99	0.88	0.97	0.86	0.99	0.95	0.83	0.9	0.99	0.97	0.88	0.18	-0.65		0.86	0.52	0.68	0.99	0.94	0.53	0.93	0.32	0.87	0.92	0.86
Inventory	0.93	0.84	0.95	0.93	0.98	0.9	0.79	0.97	0.72	0.91	0.93	0.72	0.57	-0.58	0.86		0.8	0.73	0.9	0.91	0.51	0.9	0.26	0.93	0.88	0.91
Other Current Assets	0.64	0.52	0.72	0.66	0.81	0.56	0.37	0.81	0.52	0.57	0.67	0.54	0.9	-0.39	0.52	0.8		0.48	0.58	0.71	0.54	0.69	0.28	0.68	0.57	0.67
Other Stockholder Equity	0.73	0.67	0.8	0.74	0.74	0.76	0.72	0.74	0.5	0.76	0.71	0.48	0.19	-0.41	0.68	0.73	0.48		0.71	0.64	0.31	0.62	0.12	0.62	0.86	0.57
Total Liab	1.0	0.99	0.91	0.99	0.89	0.99	0.93	0.87	0.91	0.99	0.98	0.89	0.26	-0.64	0.99	0.9	0.58	0.71		0.96	0.54	0.96	0.3	0.89	0.93	0.88
Total Current Assets	0.97	0.93	0.9	0.98	0.92	0.91	0.79	0.89	0.94	0.92	0.94	0.94	0.45	-0.61	0.94	0.91	0.71	0.64	0.96		0.63	0.99	0.27	0.9	0.85	0.89
Short Term Debt	0.56	0.61	0.52	0.56	0.58	0.5	0.39	0.63	0.59	0.5	0.47	0.63	0.45	-0.43	0.53	0.51	0.54	0.31	0.54	0.63		0.59	0.0	0.33	0.43	0.32
Accounts Payable	0.96	0.92	0.89	0.98	0.9	0.91	0.79	0.87	0.94	0.91	0.94	0.94	0.43	-0.6	0.93	0.9	0.69	0.62	0.96	0.99	0.59		0.26	0.9	0.84	0.89
Intangible Assets	0.29	0.32	0.35	0.28	0.18	0.29	0.32	0.16	0.27	0.29	0.37	0.25	0.12	-0.31	0.32	0.26	0.28	0.12	0.3	0.27	0.0	0.26		0.28	0.23	0.29
Common Stock Total Equity	0.91	0.82	0.85	0.91	0.91	0.89	0.79	0.87	0.78	0.89	0.93	0.76	0.44	-0.55	0.87	0.93	0.68	0.62	0.89	0.9	0.33	0.9	0.28		0.83	1.0
Property Plant And Equipment Gross	0.94	0.9	0.93	0.92	0.9	0.96	0.91	0.88	0.74	0.96	0.93	0.73	0.21	-0.55	0.92	0.88	0.57	0.86	0.93	0.85	0.43	0.84	0.23	0.83		0.79
Common Stock	0.89	0.8	0.82	0.89	0.89	0.87	0.76	0.85	0.77	0.87	0.91	0.76	0.45	-0.54	0.86	0.91	0.67	0.57	0.88	0.89	0.32	0.89	0.29	1.0	0.79

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T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	30.8B	28.5B	28.3B	29.7B	34.2B	35.9B
Short Long Term Debt Total	15.5B	12.5B	12.7B	12.5B	14.4B	15.1B
Other Current Liab	3.4B	4.0B	4.0B	4.9B	5.6B	5.9B
Total Current Liabilities	10.8B	10.5B	10.3B	10.5B	12.0B	12.6B
Total Stockholder Equity	5.8B	6.0B	6.4B	7.3B	8.4B	8.8B
Property Plant And Equipment Net	14.0B	14.1B	14.9B	16.0B	18.4B	19.3B
Net Debt	5.0B	6.3B	7.3B	6.9B	8.0B	8.4B
Retained Earnings	5.0B	5.5B	5.8B	6.7B	7.7B	8.1B
Cash	10.5B	6.2B	5.5B	5.6B	6.4B	6.8B
Non Current Assets Total	15.1B	15.2B	15.9B	17.1B	19.6B	20.6B
Non Currrent Assets Other	821.9M	795M	769M	849M	976.4M	1.0B
Cash And Short Term Investments	10.5B	6.2B	5.5B	5.6B	6.4B	6.8B
Net Receivables	497.4M	633M	682M	588M	676.2M	710.0M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.0B	1.5B
Liabilities And Stockholders Equity	30.8B	28.5B	28.3B	29.7B	34.2B	35.9B
Non Current Liabilities Total	14.2B	12.0B	11.7B	12.0B	13.8B	14.5B
Inventory	4.3B	6.0B	5.8B	6.0B	6.9B	7.2B
Other Current Assets	435.0M	438.1M	478M	511M	587.7M	617.0M
Other Stockholder Equity	(12K)	260.5M	8K	6.4B	7.3B	7.7B
Total Liab	25.0B	22.5B	22.0B	22.4B	25.8B	27.1B
Total Current Assets	15.7B	13.3B	12.5B	12.7B	14.6B	15.3B
Short Term Debt	2.4B	1.6B	2.1B	1.6B	1.9B	2.0B
Accounts Payable	4.8B	4.5B	3.8B	3.9B	4.4B	4.7B
Intangible Assets	125.4M	123M	120M	108M	97.2M	105.7M
Property Plant And Equipment Gross	14.0B	14.1B	14.9B	24.0B	27.6B	29.0B
Accumulated Other Comprehensive Income	(606.1M)	(687M)	(606M)	(532M)	(478.8M)	(502.7M)
Common Stock	1.2B	1.2B	1.2B	1.1B	1.3B	1.4B
Other Assets	640.1M	627.7M	981.5M	927M	1.1B	1.1B
Long Term Debt	5.3B	3.4B	2.9B	2.9B	3.3B	3.5B
Good Will	95.5M	99.0M	97M	95M	109.3M	175.1M
Property Plant Equipment	5.3B	14.0B	14.1B	14.9B	17.1B	18.0B
Other Liab	993.3M	1.1B	1.1B	1.0B	1.2B	862.0M
Current Deferred Revenue	2.2B	2.4B	158M	(847M)	(974.1M)	(925.3M)
Net Tangible Assets	13.7B	5.6B	5.9B	6.3B	7.2B	5.6B
Long Term Debt Total	2.2B	5.3B	3.4B	2.9B	3.3B	2.2B
Capital Lease Obligations	9.4B	9.2B	9.4B	9.7B	11.1B	11.7B

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T.J. Payables Turnover vs Income Quality Analysis

Payables Turnover vs Income Quality

Payables Turnover vs Income Quality Correlation Analysis

Correlation Coefficient

Payables Turnover

Income Quality

T.J. Maxx fundamental ratios Correlations

T.J. Maxx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

T.J. Maxx fundamental ratios Accounts

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Additional Tools for T.J. Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.67	Short Long Term Debt Total
Non Current Liabilities Total	- 0.65	Common Stock Shares Outstanding
Total Liab	- 0.64	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.64	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.64	Total Assets
Common Stock Shares Outstanding	- 0.63	Non Current Assets Total