Stock Analysis on Net

Bed Bath & Beyond Inc. (NASDAQ:BBBY)

This company has been moved to the archive! The financial data has not been updated since September 30, 2022.

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

Bed Bath & Beyond Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Turnover Ratios
Inventory turnover 3.07 2.94 3.12 2.98 3.87 4.14 3.66 3.60 3.22 3.08 3.64 3.02 3.37 3.08 3.03 2.71 2.85 3.01 2.90 2.41 2.66 2.59 2.63
Receivables turnover
Payables turnover 6.17 6.34 6.17 6.28 6.21 7.28 6.20 7.41 6.41 7.22 8.07 6.35 7.33 7.34 7.24 5.24 5.88 7.34 6.60 5.30 6.56 6.50 6.48
Working capital turnover 90.24 239.11 27.28 11.58 9.82 8.57 6.97 7.74 7.95 7.32 8.21 10.27 10.27 9.36 6.56 6.90 6.75 6.76 6.84 7.70 7.89 8.01 6.87
Average No. Days
Average inventory processing period 119 124 117 122 94 88 100 101 114 119 100 121 108 119 121 135 128 121 126 151 137 141 139
Add: Average receivable collection period
Operating cycle
Less: Average payables payment period 59 58 59 58 59 50 59 49 57 51 45 57 50 50 50 70 62 50 55 69 56 56 56
Cash conversion cycle

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Bed Bath & Beyond Inc. inventory turnover ratio deteriorated from Q4 2022 to Q1 2023 but then improved from Q1 2023 to Q2 2023 not reaching Q4 2022 level.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Bed Bath & Beyond Inc. payables turnover ratio increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Bed Bath & Beyond Inc. working capital turnover ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023 not reaching Q4 2022 level.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Bed Bath & Beyond Inc. number of days of inventory outstanding deteriorated from Q4 2022 to Q1 2023 but then improved from Q1 2023 to Q2 2023 not reaching Q4 2022 level.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.

Inventory Turnover

Bed Bath & Beyond Inc., inventory turnover calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data (US$ in thousands)
Cost of sales 1,038,756 1,114,106 1,471,588 1,208,954 1,383,627 1,320,118 1,793,653 1,661,905 1,700,431 958,958 2,093,166 1,845,485 1,992,459 1,685,810 2,161,020 2,028,521 1,946,457 1,788,819 2,382,984 1,913,478 1,867,798 1,742,026 2,190,863 1,862,710 1,871,342 1,714,492
Merchandise inventories 1,576,270 1,759,586 1,725,410 1,911,859 1,590,669 1,563,602 1,671,909 1,780,891 2,052,041 2,240,449 2,093,869 2,543,247 2,334,936 2,540,852 2,618,922 3,005,548 2,813,588 2,646,263 2,730,874 3,199,669 2,878,638 2,962,936 2,905,660 3,268,569 2,903,647 2,923,043
Short-term Activity Ratio
Inventory turnover1 3.07 2.94 3.12 2.98 3.87 4.14 3.66 3.60 3.22 3.08 3.64 3.02 3.37 3.08 3.03 2.71 2.85 3.01 2.90 2.41 2.66 2.59 2.63
Benchmarks
Inventory Turnover, Competitors2
Amazon.com Inc. 8.01 8.49 8.40 7.80 7.30 7.90 8.34 8.69 10.90 10.54 9.80 8.76 9.81 9.33 8.08
Home Depot Inc. 3.96 4.01 4.55 4.76 5.06 4.87 5.25 5.13 5.83 4.93 5.00 4.65 4.91 4.65 5.10
Lowe’s Cos. Inc. 3.29 3.14 3.65 3.82 3.66 3.44 3.71 3.64 3.90 3.52 3.73 3.57 3.58 3.26 3.85
TJX Cos. Inc. 5.04 5.10 5.82 4.90 6.04 5.35 5.66 5.08 6.88 5.59 6.13 4.64 5.64 5.59 6.08

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Inventory turnover = (Cost of salesQ2 2023 + Cost of salesQ1 2023 + Cost of salesQ4 2022 + Cost of salesQ3 2022) ÷ Merchandise inventories
= (1,038,756 + 1,114,106 + 1,471,588 + 1,208,954) ÷ 1,576,270 = 3.07

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Bed Bath & Beyond Inc. inventory turnover ratio deteriorated from Q4 2022 to Q1 2023 but then improved from Q1 2023 to Q2 2023 not reaching Q4 2022 level.

Receivables Turnover

Bed Bath & Beyond Inc., receivables turnover calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data (US$ in thousands)
Net sales 1,437,018 1,463,418 2,051,396 1,877,874 1,984,696 1,953,812 2,619,141 2,618,472 2,687,968 1,307,447 3,106,822 2,759,322 2,719,447 2,572,989 3,307,881 3,032,231 2,935,018 2,753,667 3,716,264 2,954,539 2,936,357 2,742,141 3,533,954 2,955,484 2,988,235 2,738,084
Accounts receivable
Short-term Activity Ratio
Receivables turnover1
Benchmarks
Receivables Turnover, Competitors2
Home Depot Inc. 41.67 38.76 44.12 41.81 43.47 39.00 44.15 47.12 46.57 42.95 52.34 49.72 48.38 47.32 55.89
TJX Cos. Inc. 89.32 86.53 93.79 74.20 70.21 60.88 69.69 72.02 75.94 213.66 108.00 91.76 106.12 100.60 112.54

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Receivables turnover = (Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022) ÷ Accounts receivable
= (1,437,018 + 1,463,418 + 2,051,396 + 1,877,874) ÷ 0 =

2 Click competitor name to see calculations.


Payables Turnover

Bed Bath & Beyond Inc., payables turnover calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data (US$ in thousands)
Cost of sales 1,038,756 1,114,106 1,471,588 1,208,954 1,383,627 1,320,118 1,793,653 1,661,905 1,700,431 958,958 2,093,166 1,845,485 1,992,459 1,685,810 2,161,020 2,028,521 1,946,457 1,788,819 2,382,984 1,913,478 1,867,798 1,742,026 2,190,863 1,862,710 1,871,342 1,714,492
Accounts payable 783,681 816,578 872,445 908,070 991,502 889,883 986,045 865,418 1,028,730 954,745 944,194 1,210,274 1,073,895 1,066,282 1,094,078 1,554,353 1,366,161 1,082,943 1,197,504 1,455,355 1,168,092 1,178,811 1,179,088 1,621,432 1,192,574 1,145,055
Short-term Activity Ratio
Payables turnover1 6.17 6.34 6.17 6.28 6.21 7.28 6.20 7.41 6.41 7.22 8.07 6.35 7.33 7.34 7.24 5.24 5.88 7.34 6.60 5.30 6.56 6.50 6.48
Benchmarks
Payables Turnover, Competitors2
Amazon.com Inc. 4.22 4.34 3.63 4.22 3.91 4.03 3.46 3.76 3.98 3.93 3.22 3.57 3.77 4.39 3.51
Home Depot Inc. 7.19 6.59 7.45 7.32 7.47 6.44 7.52 6.42 6.73 7.35 9.33 7.91 7.62 6.99 9.16
Lowe’s Cos. Inc. 5.03 4.59 5.65 5.62 5.28 4.52 5.51 4.48 4.18 4.63 6.42 5.54 5.18 4.26 5.85
TJX Cos. Inc. 8.74 8.16 7.77 5.97 6.96 6.17 5.09 4.13 10.64 25.79 11.17 8.45 11.00 10.97 10.53

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Payables turnover = (Cost of salesQ2 2023 + Cost of salesQ1 2023 + Cost of salesQ4 2022 + Cost of salesQ3 2022) ÷ Accounts payable
= (1,038,756 + 1,114,106 + 1,471,588 + 1,208,954) ÷ 783,681 = 6.17

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Bed Bath & Beyond Inc. payables turnover ratio increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.

Working Capital Turnover

Bed Bath & Beyond Inc., working capital turnover calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data (US$ in thousands)
Current assets 1,904,155 2,057,308 2,363,154 2,947,453 3,101,369 3,206,859 3,620,045 3,964,541 3,743,558 3,816,234 3,826,285 3,804,440 3,620,151 3,697,092 3,909,972 4,480,613 4,276,144 3,956,381 3,971,078 3,940,491 3,530,364 3,650,173 3,810,744 4,270,122 3,928,504 3,898,031
Less: Current liabilities 1,828,468 2,026,455 2,074,787 2,218,963 2,166,766 2,053,498 2,294,921 2,708,455 2,502,539 2,464,037 2,466,526 2,698,043 2,487,110 2,431,082 2,077,632 2,679,028 2,444,017 2,128,067 2,165,685 2,361,067 1,989,020 2,125,019 2,032,501 2,507,391 1,997,677 1,977,147
Working capital 75,687 30,853 288,367 728,490 934,603 1,153,361 1,325,124 1,256,086 1,241,019 1,352,197 1,359,759 1,106,397 1,133,041 1,266,010 1,832,340 1,801,585 1,832,127 1,828,314 1,805,393 1,579,424 1,541,344 1,525,154 1,778,243 1,762,731 1,930,827 1,920,884
 
Net sales 1,437,018 1,463,418 2,051,396 1,877,874 1,984,696 1,953,812 2,619,141 2,618,472 2,687,968 1,307,447 3,106,822 2,759,322 2,719,447 2,572,989 3,307,881 3,032,231 2,935,018 2,753,667 3,716,264 2,954,539 2,936,357 2,742,141 3,533,954 2,955,484 2,988,235 2,738,084
Short-term Activity Ratio
Working capital turnover1 90.24 239.11 27.28 11.58 9.82 8.57 6.97 7.74 7.95 7.32 8.21 10.27 10.27 9.36 6.56 6.90 6.75 6.76 6.84 7.70 7.89 8.01 6.87
Benchmarks
Working Capital Turnover, Competitors2
Amazon.com Inc. 24.33 31.50 19.23 69.81 60.82 31.47 18.92 47.22 32.92
Home Depot Inc. 30.40 43.84 417.56 41.45 90.49 48.51 24.87 13.79 16.66 28.53 76.81 68.95 57.87 124.59 59.68
Lowe’s Cos. Inc. 41.46 25.26 245.54 23.72 27.67 24.04 24.92 11.60 12.67 20.57 530.50 119.81 74.71 46.13
TJX Cos. Inc. 29.41 20.26 17.40 14.05 12.91 7.40 6.51 6.91 8.72 6.55 23.97 24.08 23.99 26.62 13.27

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Working capital turnover = (Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022) ÷ Working capital
= (1,437,018 + 1,463,418 + 2,051,396 + 1,877,874) ÷ 75,687 = 90.24

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. Bed Bath & Beyond Inc. working capital turnover ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023 not reaching Q4 2022 level.

Average Inventory Processing Period

Bed Bath & Beyond Inc., average inventory processing period calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data
Inventory turnover 3.07 2.94 3.12 2.98 3.87 4.14 3.66 3.60 3.22 3.08 3.64 3.02 3.37 3.08 3.03 2.71 2.85 3.01 2.90 2.41 2.66 2.59 2.63
Short-term Activity Ratio (no. days)
Average inventory processing period1 119 124 117 122 94 88 100 101 114 119 100 121 108 119 121 135 128 121 126 151 137 141 139
Benchmarks (no. days)
Average Inventory Processing Period, Competitors2
Amazon.com Inc. 46 43 43 47 50 46 44 42 33 35 37 42 37 39 45
Home Depot Inc. 92 91 80 77 72 75 70 71 63 74 73 78 74 78 72
Lowe’s Cos. Inc. 111 116 100 96 100 106 98 100 94 104 98 102 102 112 95
TJX Cos. Inc. 72 72 63 74 60 68 65 72 53 65 60 79 65 65 60

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 3.07 = 119

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Bed Bath & Beyond Inc. number of days of inventory outstanding deteriorated from Q4 2022 to Q1 2023 but then improved from Q1 2023 to Q2 2023 not reaching Q4 2022 level.

Average Receivable Collection Period

Bed Bath & Beyond Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data
Receivables turnover
Short-term Activity Ratio (no. days)
Average receivable collection period1
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Home Depot Inc. 9 9 8 9 8 9 8 8 8 8 7 7 8 8 7
TJX Cos. Inc. 4 4 4 5 5 6 5 5 5 2 3 4 3 4 3

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ =

2 Click competitor name to see calculations.


Operating Cycle

Bed Bath & Beyond Inc., operating cycle calculation (quarterly data)

No. days

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data
Average inventory processing period 119 124 117 122 94 88 100 101 114 119 100 121 108 119 121 135 128 121 126 151 137 141 139
Average receivable collection period
Short-term Activity Ratio
Operating cycle1
Benchmarks
Operating Cycle, Competitors2
Home Depot Inc. 101 100 88 86 80 84 78 79 71 82 80 85 82 86 79
TJX Cos. Inc. 76 76 67 79 65 74 70 77 58 67 63 83 68 69 63

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 119 + =

2 Click competitor name to see calculations.


Average Payables Payment Period

Bed Bath & Beyond Inc., average payables payment period calculation (quarterly data)

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data
Payables turnover 6.17 6.34 6.17 6.28 6.21 7.28 6.20 7.41 6.41 7.22 8.07 6.35 7.33 7.34 7.24 5.24 5.88 7.34 6.60 5.30 6.56 6.50 6.48
Short-term Activity Ratio (no. days)
Average payables payment period1 59 58 59 58 59 50 59 49 57 51 45 57 50 50 50 70 62 50 55 69 56 56 56
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Amazon.com Inc. 87 84 101 86 93 91 105 97 92 93 113 102 97 83 104
Home Depot Inc. 51 55 49 50 49 57 49 57 54 50 39 46 48 52 40
Lowe’s Cos. Inc. 72 79 65 65 69 81 66 81 87 79 57 66 70 86 62
TJX Cos. Inc. 42 45 47 61 52 59 72 88 34 14 33 43 33 33 35

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 6.17 = 59

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.

Cash Conversion Cycle

Bed Bath & Beyond Inc., cash conversion cycle calculation (quarterly data)

No. days

Microsoft Excel
Aug 27, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019 Mar 2, 2019 Dec 1, 2018 Sep 1, 2018 Jun 2, 2018 Mar 3, 2018 Nov 25, 2017 Aug 26, 2017 May 27, 2017 Feb 25, 2017 Nov 26, 2016 Aug 27, 2016 May 28, 2016
Selected Financial Data
Average inventory processing period 119 124 117 122 94 88 100 101 114 119 100 121 108 119 121 135 128 121 126 151 137 141 139
Average receivable collection period
Average payables payment period 59 58 59 58 59 50 59 49 57 51 45 57 50 50 50 70 62 50 55 69 56 56 56
Short-term Activity Ratio
Cash conversion cycle1
Benchmarks
Cash Conversion Cycle, Competitors2
Home Depot Inc. 50 45 39 36 31 27 29 22 17 32 41 39 34 34 39
TJX Cos. Inc. 34 31 20 18 13 15 -2 -11 24 53 30 40 35 36 28

Based on: 10-Q (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-28), 10-K (reporting date: 2022-02-26), 10-Q (reporting date: 2021-11-27), 10-Q (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-29), 10-K (reporting date: 2021-02-27), 10-Q (reporting date: 2020-11-28), 10-Q (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-30), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-06-01), 10-K (reporting date: 2019-03-02), 10-Q (reporting date: 2018-12-01), 10-Q (reporting date: 2018-09-01), 10-Q (reporting date: 2018-06-02), 10-K (reporting date: 2018-03-03), 10-Q (reporting date: 2017-11-25), 10-Q (reporting date: 2017-08-26), 10-Q (reporting date: 2017-05-27), 10-K (reporting date: 2017-02-25), 10-Q (reporting date: 2016-11-26), 10-Q (reporting date: 2016-08-27), 10-Q (reporting date: 2016-05-28).

1 Q2 2023 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 119 + 59 =

2 Click competitor name to see calculations.