BJs Wholesale Club Holdings Inc (BJ)

Quick 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
Cash US$ in thousands 28,272 33,873 38,058 35,094 36,049 36,049 33,551 33,551 26,210 26,210 23,387 23,387 33,915 33,915 34,644 34,644 163,681 163,681 37,952 45,436
Short-term investments US$ in thousands — — — — — — — — — — — — — — — — — — — —
Receivables US$ in thousands — — — — 234,769 — — 224,505 — 200,279 — 217,866 — 239,746 — 251,978 — 204,495 — —
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
Quick ratio 0.01 0.01 0.02 0.01 0.11 0.01 0.01 0.09 0.01 0.09 0.01 0.09 0.01 0.11 0.01 0.11 0.07 0.15 0.02 0.02

January 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($28,272K + $—K + $—K) ÷ $2,534,080K
= 0.01

The quick ratio of BJs Wholesale Club Holdings Inc, as outlined in the provided data, has shown fluctuations over the period mentioned. The quick ratio provides insight into the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio of less than 1 indicates that the company may have difficulty meeting its short-term liabilities.

The quick ratio for BJs Wholesale Club Holdings Inc ranged from a low of 0.01 to a high of 0.15 during the period covered. A quick ratio of 0.01 suggests that the company may have limited liquid assets available to cover its current liabilities. On the other hand, a quick ratio of 0.15 indicates a relatively stronger position in liquidity, albeit it may still be considered low for some industries.

The overall trend of the quick ratio for BJs Wholesale Club Holdings Inc seems to be volatile, with fluctuations noted across different quarters. It is important for investors and stakeholders to closely monitor the company's liquidity position, as a low quick ratio could signal potential financial risk and the need for improved management of short-term obligations.