Ross Stores (WBO:ROST) Days Sales Outstanding

: 2.33 (As of Jan. 2024)

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Ross Stores's average Accounts Receivable for the three months ended in Jan. 2024 was €141 Mil. Ross Stores's Revenue for the three months ended in Jan. 2024 was €5,529 Mil. Hence, Ross Stores's Days Sales Outstanding for the three months ended in Jan. 2024 was 2.33.

The historical rank and industry rank for Ross Stores's Days Sales Outstanding or its related term are showing as below:

WBO:ROST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.1 Med: 2.26 Max: 3.16
Current: 2.85

During the past 13 years, Ross Stores's highest Days Sales Outstanding was 3.16. The lowest was 2.10. And the median was 2.26.

WBO:ROST's Days Sales Outstanding is ranked better than
89.79% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 17.68 vs WBO:ROST: 2.85

Ross Stores's Days Sales Outstanding declined from Jan. 2023 (2.89) to Jan. 2024 (2.33).

Ross Stores Days Sales Outstanding Historical Data

The historical data trend for Ross Stores's Days Sales Outstanding 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2.23 [6] => 3.31 [7] => 2.18 [8] => 2.53 [9] => 2.49 )

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

2.23

3.31

2.18

2.53

2.49

Ross Stores Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding																2.89	3.24	3.21	3.14	2.33

Competitive Comparison

For the Apparel Retail subindustry, Ross Stores's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ross Stores Days Sales Outstanding Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ross Stores's Days Sales Outstanding falls into.

Ross Stores Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Ross Stores's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (135.204	+	120.043)	/	2 )	/	18706.032	*	365
=	127.6235					/	18706.032	*	365
=	2.49

Ross Stores's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (162.804	+	120.043)	/	2 )	/	5528.656	*	365 / 4
=	141.4235					/	5528.656	*	365 / 4
=	2.33

Ross Stores (WBO:ROST) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Ross Stores Days Sales Outstanding Related Terms

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Ross Stores (WBO:ROST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (WBO:ROST) » Definitions » Days Sales Outstanding

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.