BJs Wholesale Club Holdings Inc (BJ)

Total asset 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
Revenue (ttm) US$ in thousands 20,501,810 20,522,160 20,780,080 20,499,400 20,505,600 20,170,260 19,776,520 19,574,940 19,373,360 19,339,420 19,267,260 19,329,440 19,391,620 19,565,840 19,778,280 19,489,400 19,061,920 18,273,760 17,434,030 17,200,690
Total assets US$ in thousands 7,065,300 7,216,220 6,929,900 6,824,730 6,677,620 6,677,620 6,837,240 6,837,240 6,603,900 6,603,900 6,494,500 6,494,500 6,349,960 6,349,960 6,478,900 6,478,900 6,387,240 6,387,240 6,010,000 5,696,480
Total asset turnover 2.90 2.84 3.00 3.00 3.07 3.02 2.89 2.86 2.93 2.93 2.97 2.98 3.05 3.08 3.05 3.01 2.98 2.86 2.90 3.02

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $20,501,810K ÷ $7,065,300K
= 2.90

Based on the data provided, BJs Wholesale Club Holdings Inc's total asset turnover ratio has shown fluctuations over the periods reported. The ratio measures the efficiency of the company in generating sales revenue from its assets.

The highest total asset turnover ratio was observed at 3.08 on January 28, 2023, indicating that the company generated $3.08 in sales for every dollar of assets held during that period. This suggests a high efficiency in asset utilization.

On the other hand, the lowest total asset turnover ratio was 2.84 on October 31, 2024, which may imply a lower level of efficiency in utilizing assets to generate sales revenue.

Overall, the trend of the total asset turnover ratio shows some variability, with the ratio hovering mostly between 2.86 and 3.08. This indicates that BJs Wholesale Club Holdings Inc has been relatively effective in utilizing its assets to generate sales revenue, albeit with some fluctuations in efficiency over the reporting periods.