Ollie's Bargain Outlet Hldg (OLLI)

Days of sales outstanding (DSO)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Receivables turnover		945.88	769.62	1,277.66	2,912.35	495.77
DSO	days	0.39	0.47	0.29	0.13	0.74

February 3, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 945.88
= 0.39

The days of sales outstanding (DSO) for Ollie's Bargain Outlet Hldg have shown fluctuating trends over the past five years. In the most recent fiscal year, ending on February 3, 2024, the DSO was reported at 0.39 days, indicating that on average, the company takes approximately 0.39 days to collect its accounts receivable. This represents an improvement compared to the DSO of 0.47 days in the previous fiscal year (as of January 28, 2023).

Looking further back, on January 29, 2022, the company had a DSO of 0.29 days, suggesting that the collection of accounts receivable was more efficient compared to the most recent year. Additionally, on January 30, 2021, the DSO was even lower at 0.13 days, reflecting a very efficient collection process during that period.

However, there was a significant increase in the DSO to 0.74 days on February 1, 2020, which may indicate potential challenges in collecting accounts receivable efficiently during that time.

Overall, the trend in DSO for Ollie's Bargain Outlet Hldg shows some variability over the past five years, with fluctuations in the efficiency of accounts receivable collection. Tracking this metric can provide insights into the company's liquidity management and effectiveness in managing credit sales.