Ross Stores Inc (ROST)

Number of days of payables

		Jan 31, 2025	Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 31, 2023	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
Payables turnover		—	—	—	—	—	—	7.65	7.99	8.19	7.98	8.25	7.60	—	6.40	5.47	—	—	4.67	—	—
Number of days of payables	days	—	—	—	—	—	—	47.71	45.68	44.58	45.75	44.23	48.05	—	57.00	66.74	—	—	78.24	—	—

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Ross Stores Inc has shown some fluctuations based on the data provided. As of January 30, 2021, the company had an average payment period of 78.24 days, indicating that it took around 78 days for Ross Stores to pay its trade payables.

However, this number decreased to 66.74 days by October 30, 2021, suggesting that Ross Stores was able to manage its payables more efficiently during this period. The trend continued to improve, with the company further reducing its average payment period to 57.00 days by January 29, 2022, signaling stronger payment management.

Subsequently, as of July 30, 2022, Ross Stores managed to decrease its number of days of payables to 48.05 days, demonstrating continued improvements in managing its trade payables effectively. This improved efficiency was further sustained, with the number of days of payables standing at 44.23 days by October 29, 2022.

Overall, the decreasing trend in the number of days of payables for Ross Stores Inc indicates an improvement in managing its payment obligations over the analyzed periods, showcasing efficient working capital management practices.