Ollie's Bargain Outlet Hldg (OLLI)

Days of inventory on hand (DOH)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Inventory turnover		3.71	3.60	3.31	4.33	3.69
DOH	days	98.47	101.26	110.16	84.31	98.95

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.71
= 98.47

The days of inventory on hand (DOH) ratio for Ollie's Bargain Outlet Holdings has fluctuated over the past five years. The trend shows that the company has been managing its inventory levels differently each year. In particular:

- In Feb 3, 2024, the DOH was 98.47 days, indicating that on average, it took Ollie's Bargain Outlet Holdings approximately 98.47 days to sell its inventory.

- In Jan 28, 2023, the DOH increased to 101.26 days, suggesting a slight delay in inventory turnover compared to the previous year.

- In Jan 29, 2022, the DOH further increased to 110.16 days, signifying a notable slowing down in inventory turnover compared to the previous year.

- In Jan 30, 2021, the DOH decreased to 84.31 days, indicating an improvement in inventory turnover efficiency compared to the previous year.

- In Feb 1, 2020, the DOH was 98.95 days, similar to the DOH in 2024, showing a consistent level of inventory turnover efficiency compared to the latest available data.

Overall, analyzing the trend of Ollie's Bargain Outlet Holdings' DOH, we can observe variations in inventory management efficiency over the past five years. It is crucial for the company to monitor and optimize its inventory levels to ensure effective working capital management and operational performance.