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Ross Stores Inc (NAS:ROST)
Days Accounts Payable
54.87 (As of Oct. 2014)

Ross Stores Inc's accounts payable for the three months ended in Oct. 2014 was $1,132 Mil. Ross Stores Inc's cost of goods sold for the three months ended in Oct. 2014 was $1,882 Mil. Hence, Ross Stores Inc's days accounts payable for the three months ended in Oct. 2014 was 54.87.

Ross Stores Inc's days accounts payable increased from Oct. 2013 (47.49) to Oct. 2014 (54.87). It may suggest that Ross Stores Inc delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Ross Stores Inc's Days Accounts Payable for the fiscal year that ended in Jan. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=779.455/7360.924*365
=38.65

Ross Stores Inc's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1131.717/1882.185*365 / 4
=54.87

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


Related Terms

Accounts Payable, COGS


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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Days Accts Payable 50.2945.2059.0150.3639.5345.1048.8944.5542.0438.65

Ross Stores Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Days Accts Payable 47.8449.0636.9643.6146.9347.4935.7044.5045.4354.87
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