Ross Stores Inc (ROST)

Days of inventory on hand (DOH)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Inventory turnover		6.24	8.24	6.75	6.89	8.26
DOH	days	58.47	44.28	54.06	52.96	44.21

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.24
= 58.47

The days of inventory on hand (DOH) for Ross Stores Inc have fluctuated in the past few years. As of January 28, 2023, the company had an inventory holding period of 44.21 days, which increased to 52.96 days by January 31, 2023. Subsequently, by January 31, 2024, the DOH further rose to 54.06 days, indicating a longer period for which inventory was held by the company.

However, there was a noticeable decrease in the DOH by February 3, 2024, down to 44.28 days, potentially signaling a more efficient management of inventory levels. Nevertheless, by January 31, 2025, the DOH spiked to 58.47 days, indicating a lengthened inventory holding period.

Overall, the fluctuation in Ross Stores Inc's DOH suggests varying inventory management practices and may warrant further analysis to assess the impact on the company's operational efficiency and financial performance.