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Comparing Ross's Receivables And TJX

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In evaluating the comparative common – balance sheets for both companies, when compared to their measures in the base year 2012, Ross's receivables rate reduced drastically from 13.33% to only 1.37% in 2016, whereas, TJX receivables increased from 1.92% to 10.18%. Of the two companies, TJX experienced the largest increase reported in year 2016.
Ross’s five-year average growth rate for total current assets was 3.54%, which was higher by a slim margin over average total current liabilities of 3.78%. The relationship was consistent with the common size analysis giving support to Ross’s capability to cover short term liabilities with current assets. Its competitor TJX’s total current liabilities growth rate average is 7.56%, whereas the total

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