Ross Stores Inc (ROST)

Payables turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Cost of revenue	US$ in thousands	15,260,500	18,069,300	14,801,600	13,946,200	16,705,500
Payables	US$ in thousands	—	1,955,850	—	—	2,009,920
Payables turnover		—	9.24	—	—	8.31

January 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $15,260,500K ÷ $—K
= —

The payables turnover ratio for Ross Stores Inc indicates how efficiently the company is managing its accounts payable. Looking at the available data, we see that Ross Stores Inc had a payables turnover ratio of 8.31 on January 28, 2023. This means that the company paid off its accounts payable approximately 8.31 times during that period.

Unfortunately, there is missing data for January 31, 2023, and January 31, 2024, making it difficult to track the trend of the payables turnover ratio. However, on February 3, 2024, the payables turnover ratio increased to 9.24, indicating a potential improvement in the company's ability to manage its payables efficiently.

Without data for January 31, 2025, it is challenging to make a definitive assessment of the payables turnover ratio trend over time. In conclusion, from the available data points, it seems that Ross Stores Inc has shown varying levels of efficiency in managing its accounts payable during the periods for which data is provided.