BJs Restaurants Inc (BJRI)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 93.81 | 92.85 | 89.27 | 87.10 | 88.58 | 81.61 | 99.54 | 98.72 | 98.77 | 96.62 | 92.55 | 90.35 | 82.68 | 78.42 | 74.18 | 66.27 | 67.67 | 78.98 | 80.35 | 91.71 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Inventory turnover of BJs Restaurants Inc has fluctuated over the years, showing a general increasing trend from March 31, 2020, to June 30, 2022. However, there was a decrease in the ratio from March 31, 2023, to September 30, 2024. The highest inventory turnover was recorded on December 31, 2024.
The Receivables turnover, Payables turnover, and Working capital turnover ratios are all marked as not available, indicating that the company may not have significant accounts receivable, accounts payable, or working capital turnover within the given timeframe.
Overall, the Inventory turnover ratio provides insights into how efficiently BJs Restaurants Inc is managing its inventory levels, while the absence of data for the other activity ratios suggests a limited focus on receivables, payables, and working capital within the provided financial data.
Average number of days
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 3.89 | 3.93 | 4.09 | 4.19 | 4.12 | 4.47 | 3.67 | 3.70 | 3.70 | 3.78 | 3.94 | 4.04 | 4.41 | 4.65 | 4.92 | 5.51 | 5.39 | 4.62 | 4.54 | 3.98 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for BJs Restaurants Inc, let's analyze the activity ratios:
1. Days of Inventory on Hand (DOH):
- The days of inventory on hand measure how quickly a company is able to sell its inventory. A lower DOH value is generally preferable as it indicates faster inventory turnover.
- BJs Restaurants Inc's DOH has shown a decreasing trend from 3.98 days as of March 31, 2020, to 3.89 days as of December 31, 2024. This indicates improved inventory management efficiency over the period.
2. Days of Sales Outstanding (DSO):
- DSO reflects the average number of days it takes for a company to collect revenue after a sale. A lower DSO signifies that the company is collecting payments more quickly from its customers.
- The data provided does not include information on DSO for BJs Restaurants Inc, indicating a lack of data to evaluate the company's sales collection efficiency.
3. Number of Days of Payables:
- The number of days of payables measures how quickly a company pays off its suppliers. A longer period indicates that the company is taking longer to settle its payables.
- The data does not provide any information on the number of days of payables for BJs Restaurants Inc, limiting our ability to assess the company's payment terms and relationships with suppliers.
In conclusion, based on the available data, BJs Restaurants Inc has displayed an improvement in managing its inventory efficiently over the analyzed period, although further insights on sales collection efficiency and payable turnover are required to provide a comprehensive assessment of the company's overall activity ratios.
Long-term
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | — | 2.58 | 2.60 | 1.47 | 1.41 | 1.38 | 1.34 | — | 1.14 | 1.04 | 0.85 | 0.87 | 0.96 | 1.74 | 2.01 |
| Total asset turnover | 1.30 | 1.28 | 1.27 | 1.27 | 1.09 | 1.31 | 1.29 | 1.27 | 1.23 | 1.21 | 1.17 | 1.14 | 1.05 | 0.95 | 0.85 | 0.69 | 0.73 | 0.82 | 0.87 | 1.01 |
The fixed asset turnover ratio measures how efficiently a company generates sales from its fixed assets. In the case of BJs Restaurants Inc, the fixed asset turnover ratio has fluctuated over the years, ranging from as low as 0.85 to as high as 2.60. This indicates that the company's ability to generate sales from its fixed assets has varied significantly.
On the other hand, the total asset turnover ratio reflects how well a company utilizes all its assets to generate revenue. This ratio for BJs Restaurants Inc has shown a more stable trend, increasing from 0.69 to 1.30 over the period under consideration. This suggests that the company has been improving its efficiency in generating sales from its total assets.
In conclusion, while the fixed asset turnover ratio for BJs Restaurants Inc has been more volatile, the total asset turnover ratio has shown a consistent improvement. This indicates that the company has been more effective in utilizing all its assets to generate revenue, which is a positive trend for its long-term business activity.