BJs Wholesale Club Holdings Inc (BJ)

Current ratio

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
Total current assets US$ in thousands 1,878,960 2,097,090 1,915,090 1,878,650 1,794,010 1,794,010 2,000,460 2,000,460 1,843,310 1,843,310 1,842,310 1,842,310 1,703,240 1,703,240 1,863,280 1,863,280 1,802,550 1,802,550 1,769,270 1,517,060
Total current liabilities US$ in thousands 2,534,080 2,742,020 2,523,750 2,525,840 2,468,050 2,468,050 2,739,060 2,739,060 2,591,150 2,591,150 2,619,340 2,619,340 2,545,340 2,545,340 2,599,960 2,599,960 2,484,140 2,484,140 2,209,060 2,002,480
Current ratio 0.74 0.76 0.76 0.74 0.73 0.73 0.73 0.73 0.71 0.71 0.70 0.70 0.67 0.67 0.72 0.72 0.73 0.73 0.80 0.76

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,878,960K ÷ $2,534,080K
= 0.74

The current ratio of BJs Wholesale Club Holdings Inc has shown some fluctuations over the reported periods, ranging from a low of 0.67 to a high of 0.80. A current ratio below 1 typically indicates that the company may have difficulty meeting its short-term obligations with its current assets alone.

Based on the data provided:
- The current ratio decreased from 0.80 in April 2022 to 0.67 in January 2023, signaling a potential decrease in the company's ability to cover its current liabilities with its current assets.
- The ratio slightly improved to 0.74 by April 2024 but then increased further to 0.76 by July and October 2024, suggesting better short-term liquidity position for the company.
- Overall, the current ratio has ranged between 0.67 and 0.80, indicating some variability in the company's ability to meet its current obligations with its current assets.

It is important for BJs Wholesale Club Holdings Inc to monitor its current ratio closely to ensure it maintains a healthy balance between current assets and liabilities to meet its short-term financial commitments effectively.