Ross Stores (BUE:ROST) Cash And Cash Equivalents : ARS4,218,784 Mil (As of Oct. 2024)

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What is Ross Stores Cash And Cash Equivalents?

Ross Stores's quarterly cash and cash equivalents increased from Apr. 2024 (ARS3,991,029.28 Mil) to Jul. 2024 (ARS4,262,008.89 Mil) but then stayed the same from Jul. 2024 (ARS4,262,008.89 Mil) to Oct. 2024 (ARS4,218,784.28 Mil).

Ross Stores's annual cash and cash equivalents increased from Jan. 2022 (ARS505,428.44 Mil) to Jan. 2023 (ARS804,994.01 Mil) and increased from Jan. 2023 (ARS804,994.01 Mil) to Jan. 2024 (ARS3,939,128.89 Mil).

Ross Stores Cash And Cash Equivalents Historical Data

The historical data trend for Ross Stores's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

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80,883.13

405,206.17

505,428.44

804,994.01

3,939,128.89

Ross Stores Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,574,823.93	3,939,128.89	3,991,029.28	4,262,008.89	4,218,784.28

Ross Stores Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Ross Stores (BUE:ROST) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Ross Stores Cash And Cash Equivalents Related Terms

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Ross Stores Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (BUE:ROST) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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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 company 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 often 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 about 350 DD's Discounts chains targeting lower-income shoppers.