Ross Stores Inc (ROST)

Receivables turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	21,129,200	20,541,100	20,376,900	18,695,800	18,693,000
Receivables	US$ in thousands	—	130,766	—	—	145,694
Receivables turnover		—	157.08	—	—	128.30

January 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $21,129,200K ÷ $—K
= —

The receivables turnover ratio measures how effectively a company is managing its receivables by indicating how many times during a period the company collects its average accounts receivable balance. Looking at the data provided for Ross Stores Inc:

- On January 28, 2023, the receivables turnover was 128.30, indicating that on average, their receivables were collected approximately 128.30 times during that period.
- We are missing data for January 31, 2023, and January 31, 2024, as marked with "—". The absence of data might suggest that there were changes in reporting practices or possibly no accounts receivable for those periods.
- On February 3, 2024, the receivables turnover increased to 157.08, showing a higher frequency of collecting accounts receivable compared to January 28, 2023.
- As of January 31, 2025, we have missing data again, indicating a lack of information for that period.

The fluctuation in the receivables turnover ratio could be influenced by changes in the company's credit policies, customer payment behavior, or overall efficiency in managing accounts receivable. It would be important to consider additional factors and trends in conjunction with the ratio to gain a comprehensive understanding of Ross Stores Inc's receivables management performance.