BJs Wholesale Club Holdings Inc (BJ)
Fixed asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 20,501,810 | 20,522,160 | 20,780,080 | 20,499,400 | 20,505,600 | 20,170,260 | 19,776,520 | 19,574,940 | 19,373,360 | 19,339,420 | 19,267,260 | 19,329,440 | 19,391,620 | 19,565,840 | 19,778,280 | 19,489,400 | 19,061,920 | 18,273,760 | 17,434,030 | 17,200,690 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 1,578,790 | — | 3,670,620 | 1,495,910 | 3,593,700 | 1,428,580 | 1,364,820 | 1,364,820 | 3,479,950 | 1,337,030 | 3,459,660 | 1,296,150 | 3,424,650 | 1,232,100 | 3,167,440 | 3,101,900 |
| Fixed asset turnover | — | — | — | — | 12.99 | — | 5.39 | 13.09 | 5.39 | 13.54 | 14.12 | 14.16 | 5.57 | 14.63 | 5.72 | 15.04 | 5.57 | 14.83 | 5.50 | 5.55 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $20,501,810K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales revenue from its fixed assets. It is calculated by dividing the net sales by the average fixed assets for a specific period.
Analyzing the fixed asset turnover ratio of BJs Wholesale Club Holdings Inc based on the provided data, we observe fluctuations in the ratio over the reported periods. The ratio ranges from 5.39 to 15.04, indicating variations in the efficiency of the company in utilizing its fixed assets to generate sales.
A high fixed asset turnover ratio, such as the values observed in July 2022 and October 2022, suggests that BJs Wholesale Club Holdings Inc is effectively utilizing its fixed assets to generate sales revenue. On the other hand, a lower ratio, as seen in some periods like July 2023 and October 2023, may indicate potential inefficiencies in utilizing the fixed assets to drive sales.
The absence of data for certain periods, such as January 31, 2024, April 30, 2024, July 31, 2024, October 31, 2024, and January 31, 2025, limits a comprehensive analysis of the trend in fixed asset turnover for those periods.
In conclusion, BJs Wholesale Club Holdings Inc's fixed asset turnover ratio has shown fluctuations over the reported periods, indicating varying levels of efficiency in utilizing fixed assets to generate sales revenue. Further analysis would be necessary to determine the underlying factors contributing to these fluctuations and to assess the overall effectiveness of the company's fixed asset management strategy.
Peer comparison
Jan 31, 2025