BJs Restaurants Inc (BJRI)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		27.46	87.24	95.83	82.68	67.67
DOH	days	13.29	4.18	3.81	4.41	5.39

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 27.46
= 13.29

The days of inventory on hand (DOH) for BJs Restaurants Inc have shown a decreasing trend from 5.39 days as of December 31, 2020, to 4.41 days as of December 31, 2021, further decreasing to 3.81 days as of December 31, 2022. However, there was a slight increase to 4.18 days as of December 31, 2023, followed by a significant spike to 13.29 days as of December 31, 2024. This increase in inventory days in 2024 suggests that BJs Restaurants may be facing challenges in managing their inventory effectively, potentially causing an accumulation of excess inventory. Further analysis would be needed to understand the reasons behind this increase and its potential impact on the company's operations and financial performance.