Ollie's Bargain Outlet Hldg (OLLI)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.71 | 3.39 | 3.52 | 3.47 | 3.60 | 3.17 | 3.28 | 3.01 | 3.31 | 3.26 | 4.12 | 4.52 | 4.33 | 3.69 | 4.26 | 3.66 | 3.69 | 3.14 | 3.31 | 3.41 | |
| DOH | days | 98.47 | 107.61 | 103.75 | 105.24 | 101.26 | 115.32 | 111.17 | 121.23 | 110.16 | 112.13 | 88.59 | 80.72 | 84.31 | 98.85 | 85.73 | 99.68 | 98.95 | 116.18 | 110.28 | 106.89 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.71
= 98.47
The days of inventory on hand (DOH) for Ollie's Bargain Outlet Hldg have fluctuated over the past few periods. The trend shows that the company has had varying levels of inventory on hand relative to its cost of goods sold.
Looking at the data, there was a peak in DOH at 121.23 days in April 2022, indicating that the company had a high level of inventory relative to its sales during that period. Subsequently, there was a decrease in DOH to 80.72 days in July 2022, suggesting a more efficient management of inventory during that quarter.
Overall, the DOH metric for Ollie's Bargain Outlet Hldg has shown some volatility, with periods of higher and lower inventory holding. It would be important for the company to consistently monitor and manage its inventory levels to optimize its operations and profitability.
Peer comparison
Feb 3, 2024