Ross Stores Inc (ROST)
Number of days of payables
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Payables turnover | — | 9.24 | — | — | 8.31 | |
Number of days of payables | days | — | 39.51 | — | — | 43.91 |
January 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided for Ross Stores Inc, the number of days of payables has shown fluctuations over the years. As of January 28, 2023, the number of days of payables was 43.91 days, indicating that on average, it takes the company almost 44 days to pay off its accounts payable. However, the data for January 31, 2023 and January 31, 2024, shows that the number of days of payables was not available (represented as "— days"), making it difficult to assess the payment pattern during those periods.
On February 3, 2024, the number of days of payables decreased to 39.51 days, suggesting that the company was able to manage its payables more efficiently during that period compared to January 28, 2023. The data for January 31, 2025, once again does not provide a specific number for the days of payables.
Overall, it is important for investors and analysts to closely monitor the number of days of payables for Ross Stores Inc as it can provide insights into the company's liquidity management and relationships with suppliers. Fluctuations in this ratio can indicate changes in the company's payment policies and operational efficiency.
Peer comparison
Jan 31, 2025