BJs Wholesale Club Holdings Inc (BJ)

Receivables turnover

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Revenue US$ in thousands 20,501,800 19,908,500 19,968,700 19,315,200 19,276,000
Receivables US$ in thousands 234,769 239,746
Receivables turnover 84.80 80.40

January 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $20,501,800K ÷ $—K
= —

The receivables turnover ratio for BJs Wholesale Club Holdings Inc demonstrates a strong performance and efficiency in collecting receivables from customers. The ratio increased from 80.40 in January 28, 2023, to 84.80 in February 3, 2024, indicating that the company is collecting its accounts receivables more frequently. However, it is noted that data is missing for January 31, 2023, January 31, 2024, and January 31, 2025, which makes it challenging to analyze the trend over a consistent time period. Overall, the upward trend in the receivables turnover ratio suggests effective management of credit and collection policies by BJs Wholesale Club Holdings Inc.