Ross Stores Inc (ROST)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	21,129,220	21,239,440	21,092,940	20,773,590	20,887,640	19,391,220	19,703,320	19,303,440	18,903,660	18,710,680	18,476,550	18,464,060	18,696,690	18,879,670	18,107,370	17,306,080	15,185,820	12,512,410	12,695,330	12,789,940
Receivables	US$ in thousands	—	—	—	—	—	—	171,915	175,410	170,816	145,694	168,483	167,503	—	119,247	158,765	—	—	115,067	—	—
Receivables turnover		—	—	—	—	—	—	114.61	110.05	110.67	128.42	109.66	110.23	—	158.32	114.05	—	—	108.74	—	—

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $21,129,220K ÷ $—K
= —

The receivables turnover of Ross Stores Inc has shown fluctuations over the recorded periods. The data indicates that the company's receivables turnover ratio was not available in August 2020, October 2020, May 2021, July 2021, October 2023, and various subsequent periods.

The receivables turnover ratio witnessed a significant increase from 108.74 in January 2021 to 158.32 in January 2022, indicating that the company was able to collect its accounts receivable more efficiently during this period. However, a decline was observed in the following periods, with ratios ranging from 109.66 to 114.61, indicating a slight decrease in the efficiency of collecting receivables compared to the peak in January 2022.

Overall, the fluctuations in the receivables turnover ratios suggest varying levels of efficiency in collecting accounts receivable over time. It is essential for Ross Stores Inc to continuously monitor and manage its receivables turnover to ensure optimal cash flow and liquidity in the business operations.