Ollie's Bargain Outlet Hldg (OLLI)

Days of inventory on hand (DOH)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Inventory turnover		2.46	3.71	2.51	2.49	3.60
DOH	days	148.59	98.47	145.33	146.68	101.26

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.46
= 148.59

The days of inventory on hand (DOH) of Ollie's Bargain Outlet Hldg has shown fluctuations over the past few years. As of January 28, 2023, the company had 101.26 days worth of inventory on hand, suggesting efficient inventory management. However, by January 31, 2023, this metric had increased significantly to 146.68 days, indicating a potential buildup of excess inventory.

Subsequently, there was a slight decrease in DOH to 145.33 days by January 31, 2024, but it remained elevated, possibly signaling challenges in inventory turnover. The trend reversed by February 3, 2024, with DOH dropping to 98.47 days, reflecting a more efficient management of inventory levels.

By January 31, 2025, the days of inventory on hand had surged to 148.59 days, reaching a new high in recent years. This could indicate potential issues such as slower sales, overstocking, or changing customer demand patterns impacting inventory turnover.

Overall, the fluctuations in Ollie's Bargain Outlet Hldg's days of inventory on hand highlight the importance of closely monitoring and optimizing inventory levels to ensure efficient operations and profitability.