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Ross Stores Inc (NAS:ROST)
Days Payable
47.96 (As of Oct. 2015)

Ross Stores Inc's payable for the three months ended in Oct. 2015 was $1,053 Mil. Ross Stores Inc's cost of goods sold for the three months ended in Oct. 2015 was $2,003 Mil. Hence, Ross Stores Inc's days payable for the three months ended in Oct. 2015 was 47.96.

ROST' s Days Payable Range Over the Past 10 Years
Min: 38.65   Max: 59.01
Current: 45.79

38.65
59.01

During the past 13 years, Ross Stores Inc's highest Days Payable was 59.01. The lowest was 38.65. And the median was 45.15.

ROST's Days Payable is ranked lower than
57% of the 715 Companies
in the Global Apparel Stores industry.

( Industry Median: 52.74 vs. ROST: 45.79 )

Ross Stores Inc's days payable declined from Oct. 2014 (54.87) to Oct. 2015 (47.96). It may suggest that Ross Stores Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ross Stores Inc's Days Payable for the fiscal year that ended in Jan. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1000.7/7937.956*365
=46.01

Ross Stores Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1053.013/2003.347*365 / 4
=47.96

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


Related Terms

Revenue


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

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
DaysPayable 45.2059.0150.3639.5345.1048.8944.5542.0438.6546.01

Ross Stores Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 46.9347.4935.7044.5045.4354.8741.4449.8244.9947.96
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