BJs Wholesale Club Holdings Inc (BJ)
Total asset 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 |
| Total assets | US$ in thousands | 7,065,300 | 6,677,620 | 6,677,620 | 6,349,960 | 6,349,960 |
| Total asset turnover | 2.90 | 2.98 | 2.99 | 3.04 | 3.04 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $20,501,800K ÷ $7,065,300K
= 2.90
Based on the provided data for BJs Wholesale Club Holdings Inc, the total asset turnover ratio measures the company's effectiveness in generating sales from its total assets. The trend in the total asset turnover ratio over the past few years has been relatively stable, ranging from 2.90 to 3.04.
The company's total asset turnover ratio remained consistently above 2.90 from January 31, 2023, to February 3, 2024, which indicates that BJs Wholesale Club Holdings Inc generated between $2.90 and $3.04 in sales for every dollar of total assets during these periods.
However, there was a slight decrease in the total asset turnover ratio to 2.90 as of January 31, 2025. This decline suggests that the company may be facing challenges in efficiently utilizing its assets to generate sales compared to the previous years.
Overall, while the total asset turnover ratio for BJs Wholesale Club Holdings Inc has shown stability within a specific range, the slight decline in the most recent period may warrant further investigation into the company's asset management efficiency and sales generation strategies.
Peer comparison
Jan 31, 2025