Ross Stores Inc (ROST)

Days of inventory on hand (DOH)

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Inventory turnover 8.24 8.26 7.33 8.18 7.58
DOH days 44.28 44.21 49.79 44.63 48.14

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.24
= 44.28

Ross Stores Inc's days of inventory on hand (DOH) has shown fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the company maintained an average of 44.28 days of inventory on hand, which was slightly higher than the previous year's 44.21 days.

Compared to two years ago, however, Ross Stores Inc was able to improve its inventory management efficiency as the DOH decreased from 49.79 days on January 29, 2022, to 44.28 days on February 3, 2024. Similarly, when looking back three years to January 30, 2021, the company had a DOH of 44.63 days, indicating a relatively stable performance in managing its inventory.

In contrast, there was a slight increase in DOH from last year (2021) to February 1, 2020, where the company reported 48.14 days of inventory on hand. This suggests that Ross Stores Inc may have experienced some challenges in managing its inventory levels efficiently during that particular period.

Overall, the trend of Ross Stores Inc's DOH over the past five years reflects a mix of stability and minor fluctuations, indicating the company's ongoing efforts to optimize its inventory management practices.


Peer comparison

Feb 3, 2024


See also:

Ross Stores Inc Average Inventory Processing Period