Ross Stores Inc (ROST)

Days of sales outstanding (DSO)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Receivables turnover		157.08	114.61	110.05	110.67	128.30	109.56	110.13	113.73	158.01	113.81	108.31	90.40	108.18	103.01	78.43	283.95	157.06	126.17	118.46	125.05
DSO	days	2.32	3.18	3.32	3.30	2.84	3.33	3.31	3.21	2.31	3.21	3.37	4.04	3.37	3.54	4.65	1.29	2.32	2.89	3.08	2.92

February 3, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 157.08
= 2.32

The Days of Sales Outstanding (DSO) for Ross Stores Inc have shown fluctuations over the past several periods. DSO represents the average number of days it takes for the company to collect revenue after making a sale. Lower DSO values indicate that the company is collecting receivables more quickly, which is generally preferable.

Looking at the data provided, we observe that the DSO for Ross Stores Inc ranged from a low of 1.29 days to a high of 4.65 days over the past few years. The lowest DSO of 1.29 days occurred on Aug 1, 2020, suggesting that the company was very efficient in collecting payments from customers during that period. On the other hand, the highest DSO of 4.65 days was recorded on May 2, 2020, indicating a slower collection of receivables during that time.

Overall, the trend in DSO values for Ross Stores Inc appears to be somewhat stable, with some variability seen across different reporting periods. Analyzing and monitoring DSO can provide insights into the company's accounts receivable management efficiency and cash flow performance. A consistent focus on maintaining DSO at optimal levels can help the company improve its working capital management and overall financial health.