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.