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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.
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
Ross Stores Inc's Days Accounts Payable for the quarter that ended in Oct. 2014 is calculated as:
Ross Stores Inc Annual Data
|Days Accts Payable||50.29||45.20||59.01||50.36||39.53||45.10||48.89||44.55||42.04||38.65|
Ross Stores Inc Quarterly Data
|Days Accts Payable||47.84||49.06||36.96||43.61||46.93||47.49||35.70||44.50||45.43||54.87|