BJs Restaurants Inc (BJRI)

Working capital turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue US$ in thousands 1,328,310 1,284,360 1,082,040 774,710 1,161,570
Total current assets US$ in thousands 83,021 82,258 90,815 95,290 64,605
Total current liabilities US$ in thousands 199,325 196,858 200,434 177,899 158,431
Working capital turnover — — — — —

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,328,310K ÷ ($83,021K – $199,325K)
= —

To calculate the working capital turnover for BJ's Restaurants Inc, we need both the net revenue and the average working capital for each year. Working capital turnover is a measure of how efficiently a company utilizes its working capital to generate sales revenue. It indicates how many times a company is able to convert its working capital into sales over a specific period.

The formula for working capital turnover is:
Working Capital Turnover = Net Revenue / Average Working Capital

Without the specific data for net revenue and working capital for each year, it is not possible to calculate the working capital turnover for BJ's Restaurants Inc. This ratio would provide insights into how effectively the company is managing its working capital to support its revenue generation activities. By measuring the efficiency of working capital utilization, investors and stakeholders can assess the company's operational efficiency and financial health. Additional information is required to provide a detailed analysis of BJ's Restaurants Inc's working capital turnover over the specified years.