BJs Wholesale Club Holdings Inc (BJ)

Days of inventory on hand (DOH)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Inventory turnover 11.09 9.77 11.04 10.99 11.57 11.35 9.73 9.63 10.27 10.24 10.27 10.32 11.51 11.67 10.84 10.70 11.44 10.95 9.78 11.32
DOH days 32.91 37.37 33.06 33.22 31.55 32.17 37.49 37.91 35.54 35.63 35.53 35.38 31.71 31.28 33.68 34.10 31.89 33.34 37.32 32.25

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.09
= 32.91

To analyze BJs Wholesale Club Holdings Inc's Days of Inventory On Hand (DOH), we will review the trend of this ratio over several periods. DOH represents the average number of days it takes for a company to sell its inventory. A lower DOH indicates the company is selling its inventory more quickly, which is generally favorable.

Based on the data provided, we observe the following trend in BJs Wholesale Club Holdings Inc's DOH:
- DOH was 32.25 days as of January 31, 2022, indicating the company held its inventory for an average of around 32 days before selling it.
- The DOH increased to 37.32 days by April 30, 2022, suggesting a potential slowdown in inventory turnover during that period.
- It decreased to 31.89 days by July 31, 2022, possibly indicating an improvement in inventory management efficiency.
- The DOH fluctuated within a range over subsequent periods, with values hovering around the mid to high 30s.

Overall, BJs Wholesale Club Holdings Inc's DOH has shown some variability over the periods analyzed. It would be beneficial for investors and stakeholders to monitor this ratio closely to understand the company's inventory management practices and efficiency in turning inventory into sales.