BJs Wholesale Club Holdings Inc (BJ)
Activity ratios
Short-term
Turnover ratios
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 11.22 | 9.60 | 10.29 | 10.46 | 11.52 | 10.25 | 10.88 | 9.68 | 10.93 | 10.54 | 12.33 | 11.19 | 10.33 | 9.57 | 11.66 | 10.98 | 9.95 | 8.42 | 10.44 | 9.86 |
| Receivables turnover | 84.81 | 86.87 | 96.68 | 89.52 | 80.40 | 74.22 | 88.90 | 81.97 | 95.53 | 81.11 | 92.92 | 78.28 | 89.34 | 79.38 | 84.72 | 71.41 | 63.92 | 70.63 | 80.90 | 72.56 |
| Payables turnover | 13.80 | 12.10 | 12.92 | 12.50 | 13.28 | 11.31 | 12.05 | 11.17 | 12.21 | 10.71 | 12.38 | 12.25 | 12.60 | 10.29 | 11.67 | 11.36 | 13.69 | 11.00 | 13.42 | 13.05 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Analyzing the activity ratios of BJs Wholesale Club Holdings Inc, we observe the following trends:
1. Inventory Turnover: The inventory turnover ratio has shown a relatively stable pattern over the periods indicated, ranging between 9.57 and 12.33. This indicates that BJs Wholesale Club is efficiently managing its inventory levels and converting them into sales multiple times within a year. A higher turnover ratio suggests better inventory management, avoiding excess stock buildup.
2. Receivables Turnover: The receivables turnover ratio has fluctuated within a range of 63.92 to 96.68, indicating varying efficiency in collecting receivables from customers. A higher turnover ratio implies that BJs Wholesale Club is collecting its outstanding receivables more quickly, which is a positive sign of effective credit management.
3. Payables Turnover: The payables turnover ratio has remained relatively stable between 10.29 and 13.80, showing how efficiently the company is managing its trade payables. A higher turnover ratio implies the company is paying its suppliers more quickly, which may signify strong vendor relationships and potentially favorable payment terms.
4. Working Capital Turnover: Unfortunately, the data provided does not include the working capital turnover ratio for BJs Wholesale Club Holdings Inc. This ratio could provide insights into how effectively the company is utilizing its working capital to generate sales.
Overall, the activity ratios suggest that BJs Wholesale Club Holdings Inc is effectively managing its inventory, receivables, and payables to support its operations and financial performance.
Average number of days
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 32.53 | 38.01 | 35.49 | 34.90 | 31.68 | 35.61 | 33.53 | 37.71 | 33.39 | 34.64 | 29.59 | 32.63 | 35.34 | 38.15 | 31.31 | 33.24 | 36.67 | 43.36 | 34.95 | 37.01 |
| Days of sales outstanding (DSO) | days | 4.30 | 4.20 | 3.78 | 4.08 | 4.54 | 4.92 | 4.11 | 4.45 | 3.82 | 4.50 | 3.93 | 4.66 | 4.09 | 4.60 | 4.31 | 5.11 | 5.71 | 5.17 | 4.51 | 5.03 |
| Number of days of payables | days | 26.45 | 30.17 | 28.25 | 29.20 | 27.48 | 32.28 | 30.29 | 32.68 | 29.89 | 34.09 | 29.48 | 29.80 | 28.97 | 35.49 | 31.29 | 32.12 | 26.67 | 33.20 | 27.19 | 27.98 |
Days of Inventory on Hand (DOH) measures how long it takes for a company to sell its inventory. A lower number indicates that the company is selling its inventory more quickly, while a higher number suggests slower sales. BJs Wholesale Club Holdings Inc has shown fluctuations in its DOH over the past few quarters, ranging from around 29 to 38 days. The trend seems to be relatively stable, with some minor fluctuations.
Days of Sales Outstanding (DSO) represents how long it takes for a company to collect payments from its customers. A lower DSO indicates faster collection of receivables, while a higher DSO suggests slower collections. BJs Wholesale Club Holdings Inc has maintained a DSO between 3.78 to 5.71 days over the observed period. The company has shown some variability in its DSO, but the overall trend appears relatively stable.
Number of Days of Payables shows how long a company takes to pay its suppliers. A longer period indicates that the company is taking more time to pay its bills, which can be favorable for cash flow management. BJs Wholesale Club Holdings Inc has demonstrated variations in its payables period, ranging from around 26 to 35 days. The company seems to have managed its payables efficiently, with fluctuations within a reasonable range.
In summary, BJs Wholesale Club Holdings Inc's activity ratios indicate that the company is maintaining a relatively steady performance in managing its inventory, accounts receivable, and payables. It is important for the company to continue monitoring and optimizing these ratios to ensure efficient operations and effective cash flow management.
Long-term
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 12.61 | 13.04 | 13.55 | 14.29 | 14.42 | 14.43 | 14.75 | 17.43 | 17.63 | 18.44 | 18.68 | 19.01 | 19.34 | 19.44 | 19.13 | 18.38 | 17.35 | 16.93 | 17.49 | 17.96 |
| Total asset turnover | 2.98 | 2.85 | 2.93 | 3.00 | 3.04 | 2.89 | 2.85 | 2.87 | 2.93 | 2.85 | 2.94 | 2.84 | 2.85 | 2.73 | 2.73 | 2.60 | 2.50 | 2.40 | 2.55 | 2.50 |
BJs Wholesale Club Holdings Inc has exhibited a consistent trend of high fixed asset turnover ratios over the past several reporting periods, with values ranging from 12.61 to 19.44. This indicates that the company is efficiently utilizing its fixed assets to generate sales revenue. The highest fixed asset turnover ratio was observed in the most recent period, suggesting an improvement in efficiency.
In terms of total asset turnover, the company has maintained relatively stable ratios between 2.40 and 3.04, indicating a moderate level of efficiency in generating sales from its total assets. Although there has been some fluctuation in total asset turnover over the periods, the company's ability to generate revenue from its total assets remains consistent overall.
Overall, the analysis of BJs Wholesale Club Holdings Inc's long-term activity ratios suggests that the company is effectively utilizing both its fixed assets and total assets to drive sales, with a particularly strong performance in fixed asset turnover.