BJs Wholesale Club Holdings Inc (BJ)
Payables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 16,737,380 | 16,801,850 | 17,071,970 | 16,845,390 | 16,832,500 | 16,505,220 | 16,177,940 | 15,998,850 | 15,819,760 | 15,779,440 | 15,739,120 | 15,804,190 | 15,869,260 | 16,086,620 | 16,303,980 | 16,101,600 | 15,754,000 | 15,070,850 | 14,299,950 | 14,066,980 |
| Payables | US$ in thousands | — | — | — | — | 1,183,280 | — | — | 1,318,960 | — | 1,226,490 | — | 1,281,680 | — | 1,195,700 | — | 1,363,730 | — | 1,243,290 | — | — |
| Payables turnover | — | — | — | — | 14.23 | — | — | 12.13 | — | 12.87 | — | 12.33 | — | 13.45 | — | 11.81 | — | 12.12 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $16,737,380K ÷ $—K
= —
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable by calculating the number of times a company pays off its average accounts payable balance during a specific period. A higher payables turnover ratio indicates that the company is paying off its suppliers more frequently, which can be a positive signal of strong liquidity and effective working capital management.
Analyzing the payables turnover ratio of BJs Wholesale Club Holdings Inc based on the provided data, we observe fluctuations over the recorded periods. For instance, as of July 30, 2022, the payables turnover ratio was 12.12, indicating that the company paid off its accounts payable approximately 12.12 times during that period. This figure increased slightly to 12.87 by July 29, 2023, before decreasing to 12.13 by October 28, 2023. The payables turnover exhibited a substantial improvement by February 3, 2024, reaching 14.23.
The gaps in the data where payables turnover ratios are not available suggest missing or incomplete information for those periods, thus limiting a comprehensive assessment of the company's payables management during those specific times.
Overall, the trend in BJs Wholesale Club Holdings Inc payables turnover ratio indicates fluctuations over time, with some periods demonstrating improved efficiency in managing accounts payable. It is essential for investors and analysts to continue monitoring this ratio alongside other financial metrics to evaluate the company's working capital management and operating performance.
Peer comparison
Jan 31, 2025