Ross Stores (WBO:ROST) Accounts Payable & Accrued Expense : €3,036 Mil (As of Apr. 2024)

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What is Ross Stores Accounts Payable & Accrued Expense?

Ross Stores's quarterly accounts payable & accrued expense declined from Oct. 2023 (€3,292 Mil) to Jan. 2024 (€2,986 Mil) but then increased from Jan. 2024 (€2,986 Mil) to Apr. 2024 (€3,036 Mil).

Ross Stores's annual accounts payable & accrued expense declined from Jan. 2022 (€3,169 Mil) to Jan. 2023 (€2,766 Mil) but then increased from Jan. 2023 (€2,766 Mil) to Jan. 2024 (€2,986 Mil).

Ross Stores Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ross Stores's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ross Stores Accounts Payable & Accrued Expense Chart

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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1,925.85

2,712.59

3,168.62

2,765.69

2,985.76

Ross Stores Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,851.33	2,984.66	3,291.77	2,985.76	3,035.86

Ross Stores Accounts Payable & Accrued Expense Calculation

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.

Ross Stores (WBO:ROST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (WBO:ROST) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ROST:USA ROST:Mexico RSO:Germany ROST34:Brazil ROST:Argentina

Address

5130 Hacienda Drive, Dublin, CA, USA, 94568-7579

Website

https://www.rossstores.com

Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.