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Ross Stores Inc  (NAS:ROST) Accounts Payable & Accrued Expense: $1,829 Mil (As of Jul. 2017)

Ross Stores Inc's quarterly accounts payable & accrued expense increased from Jan. 2017 ($1,753 Mil) to Apr. 2017 ($1,938 Mil) but then declined from Apr. 2017 ($1,938 Mil) to Jul. 2017 ($1,829 Mil).

Ross Stores Inc's annual accounts payable & accrued expense declined from Jan. 2015 ($1,659 Mil) to Jan. 2016 ($1,603 Mil) but then increased from Jan. 2016 ($1,603 Mil) to Jan. 2017 ($1,753 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Ross Stores Inc Annual Data

Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,422.58 1,393.06 1,659.37 1,602.85 1,752.51

Ross Stores Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,751.18 1,887.94 1,752.51 1,937.72 1,828.96

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.


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