BJs Wholesale Club Holdings Inc (BJ)

Days of inventory on hand (DOH)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Inventory turnover		11.22	11.52	10.93	10.33	9.95
DOH	days	32.53	31.68	33.39	35.34	36.67

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.22
= 32.53

The days of inventory on hand (DOH) for BJs Wholesale Club Holdings Inc have shown a slight fluctuation over the past five years.

On February 3, 2024, the DOH stood at 32.53 days, indicating that the company held inventory for approximately 32.53 days before selling it. This figure was slightly higher than the previous year's DOH of 31.68 days on January 28, 2023.

Comparing the latest DOH to figures from earlier years, we observed a trend of decreasing DOH from 2020 to 2023. In particular, the DOH decreased from 36.67 days on February 1, 2020, to 31.68 days on January 28, 2023. However, there was a slight increase in the DOH in 2024 compared to 2023.

Overall, the fluctuation in BJs Wholesale Club Holdings Inc's DOH suggests that the company has been managing its inventory levels effectively, but there may be room for further optimization to ensure efficient inventory turnover and liquidity.