Ollie's Bargain Outlet Hldg (OLLI)

Days of inventory on hand (DOH)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Inventory turnover 2.47 2.50 3.03 2.92 3.31 2.84 2.83 2.82 2.97 3.02 3.07 3.01 3.12 3.05 2.65 2.67 2.69 2.96 2.43 2.88
DOH days 147.75 145.76 120.34 125.18 110.43 128.35 128.97 129.43 122.82 120.74 119.07 121.23 117.05 119.86 137.85 136.67 135.79 123.28 150.01 126.72

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.47
= 147.75

The days of inventory on hand (DOH) for Ollie's Bargain Outlet Hldg fluctuated over the period analyzed. From January 31, 2022, to October 31, 2024, the DOH ranged from a low of 110.43 days on February 3, 2024, to a high of 150.01 days on April 30, 2022.

Overall, the trend suggests that Ollie's Bargain Outlet effectively managed its inventory levels during this period, with some volatility but generally maintaining inventory turnover within a reasonable range. A lower DOH indicates that the company is selling its inventory more quickly, which is generally seen as a positive indication of operational efficiency. On the other hand, a higher DOH could suggest slower inventory turnover, potentially leading to obsolete or excess inventory.

It is important for Ollie's Bargain Outlet to monitor its DOH regularly to ensure optimal inventory management, balancing the need to have enough inventory to meet customer demand while also avoiding holding excess inventory that ties up capital and leads to increased holding costs.