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Ross Stores Inc (NAS:ROST)
Days Payable
44.29 (As of Apr. 2016)

Ross Stores Inc's payable for the three months ended in Apr. 2016 was $1,056 Mil. Ross Stores Inc's cost of goods sold for the three months ended in Apr. 2016 was $2,176 Mil. Hence, Ross Stores Inc's days payable for the three months ended in Apr. 2016 was 44.29.

ROST' s Days Payable Range Over the Past 10 Years
Min: 38.65   Max: 59.01
Current: 44.39

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 44.83.

ROST's Days Payable is ranked lower than
54% of the 686 Companies
in the Global Apparel Stores industry.

( Industry Median: 48.11 vs. ROST: 44.39 )

Ross Stores Inc's days payable declined from Apr. 2015 (49.82) to Apr. 2016 (44.29). 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. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=945.559/8576.873*365
=40.24

Ross Stores Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1056.257/2176.205*365 / 4
=44.29

* 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

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysPayable 59.0150.3639.5345.1048.8944.5542.0438.6546.0140.24

Ross Stores Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 35.7044.5045.4354.8741.4449.8244.9947.9636.1544.29
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