BJs Wholesale Club Holdings Inc (BJ)

Quick ratio

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Cash US$ in thousands 36,049 33,915 45,436 43,518 30,204
Short-term investments US$ in thousands
Receivables US$ in thousands 234,769 239,746 173,951 172,719 206,353
Total current liabilities US$ in thousands 2,468,050 2,545,340 2,002,480 2,031,210 1,801,420
Quick ratio 0.11 0.11 0.11 0.11 0.13

February 3, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($36,049K + $—K + $234,769K) ÷ $2,468,050K
= 0.11

The quick ratio of BJs Wholesale Club Holdings Inc has been consistent over the past five years, ranging from 0.11 to 0.13. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of 0.11 indicates that for every dollar of current liabilities, the company has only $0.11 of highly liquid assets available to meet those obligations.

It is important to note that a quick ratio below 1.0 may suggest potential liquidity problems as the company may have difficulty covering its short-term liabilities with its current liquid assets alone. However, the consistency of BJs Wholesale Club Holdings Inc's quick ratio over the years may imply that the company has a stable and sustainable liquidity position. Further analysis of the company's overall financial health and liquidity management practices would be needed to provide a more comprehensive assessment.


Peer comparison

Feb 3, 2024