BJs Wholesale Club Holdings Inc (BJ)
Payables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 16,737,400 | 16,326,100 | 16,326,100 | 15,883,700 | 15,883,700 |
| Payables | US$ in thousands | — | 1,183,280 | — | — | 1,195,700 |
| Payables turnover | — | 13.80 | — | — | 13.28 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $16,737,400K ÷ $—K
= —
The payables turnover ratio for BJs Wholesale Club Holdings Inc shows a fluctuating trend over the years. For the periods with available data, the payables turnover ratio was 13.28 on January 28, 2023, not available on January 31, 2023 and January 31, 2024, increased to 13.80 on February 3, 2024, and again not available on January 31, 2025.
The payables turnover ratio measures how efficiently a company is managing its accounts payable by calculating how many times a company pays off its suppliers during a specific period. A higher turnover ratio generally indicates that the company is managing its payables effectively by paying off its obligations more frequently.
However, the missing data points make it difficult to draw a consistent trend or make detailed assessments based on the available information. It is important to consider additional financial metrics and industry benchmarks to gain a more comprehensive understanding of BJs Wholesale Club Holdings Inc's payables management efficiency over time.
Peer comparison
Jan 31, 2025