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BJ's Wholesale Club Holdings (BJ's Wholesale Club Holdings) Accounts Receivable : $235 Mil (As of Jan. 2024)


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What is BJ's Wholesale Club Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BJ's Wholesale Club Holdings's accounts receivables for the quarter that ended in Jan. 2024 was $235 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BJ's Wholesale Club Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 4.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BJ's Wholesale Club Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-32.23.


BJ's Wholesale Club Holdings Accounts Receivable Historical Data

The historical data trend for BJ's Wholesale Club Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BJ's Wholesale Club Holdings Accounts Receivable Chart

BJ's Wholesale Club Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 206.35 172.72 173.95 239.75 234.77

BJ's Wholesale Club Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 239.75 217.87 200.28 224.51 234.77

BJ's Wholesale Club Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


BJ's Wholesale Club Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

BJ's Wholesale Club Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=234.769/5357.284*91
=4.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), BJ's Wholesale Club Holdings's accounts receivable are only considered to be worth 75% of book value:

BJ's Wholesale Club Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.049+0.75 * 234.769+0.5 * 1454.822-5218.771
-0-0)/132.768
=-32.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


BJ's Wholesale Club Holdings Accounts Receivable Related Terms

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BJ's Wholesale Club Holdings (BJ's Wholesale Club Holdings) Business Description

Traded in Other Exchanges
Address
350 Campus Drive, Marlborough, MA, USA, 01752
BJ's Wholesale Club Holdings Inc is a warehouse club and gas station operator. The company provides various products such as television and electronics, furniture, computers and tablets, appliances, food products, and others. It generates its revenue from the sale of merchandise.
Executives
Joseph Mcgrail officer: SVP, Controller C/O BJ'S WHOLESALE CLUB HOLDINGS, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Jeff Desroches officer: EVP, Club Operations Officer C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Laura L. Felice officer: SVP, Controller C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William C. Werner officer: SVP, Strat. Planning & Anlys. C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Robert W. Eddy officer: EVP, Chief Fin. & Admin Off. 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Anjana Harve officer: EVP, Chief Information Officer C/O BJ'S WHOLESALE CLUB HOLDINGS, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Monica Schwartz officer: SVP, Chief Digital Officer C/O BJ'S WHOLESALE CLUB HOLDINGS, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Steven L Ortega director C/O L CATTERTON, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Cathy Marie Robinson director C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
Scott Kessler officer: EVP, Chief Information Officer C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Graham Luce officer: SVP, Secretary C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Kenneth M. Parent director C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Robert Allan Steele director 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Brian Poulliot officer: EVP, Chief Membrship Officer C/O BJ'S WHOLESALE CLUB, INC., 25 RESEARCH DRIVE, WESTBOROUGH MA 01581
Kristyn M. Sugrue officer: SVP, Treasurer C/O BJ'S WHOLESALE CLUB, INC., 25 RESEARCH DRIVE, WESTBOROUGH MA 01581