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Ross Stores Inc (NAS:ROST)
Accounts Payable & Accrued Expense
$1,603 Mil (As of Jan. 2016)

Ross Stores Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($1,676 Mil) to Oct. 2015 ($1,749 Mil) but then declined from Oct. 2015 ($1,749 Mil) to Jan. 2016 ($1,603 Mil).

Ross Stores Inc's annual accounts payable & accrued expense increased from Jan. 2014 ($1,393 Mil) to Jan. 2015 ($1,659 Mil) but then declined from Jan. 2015 ($1,659 Mil) to Jan. 2016 ($1,603 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ross Stores Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
Accounts Payable & Accrued Expense 1,0501,0119551,1881,3521,3461,4231,3931,6591,603

Ross Stores Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
Accounts Payable & Accrued Expense 1,4971,3931,5761,5321,7671,6591,8251,6761,7491,603
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