Ollie's Bargain Outlet Hldg (OLLI)

Days of sales outstanding (DSO)

		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
Receivables turnover		945.81	1,015.41	661.48	1,908.02	769.57	1,304.71	565.05	1,619.67	1,277.69	2,931.38	2,182.67	5,267.08	2,912.76	8,450.68	665.37	345.56	495.84	1,412.18	1,121.96	1,342.86
DSO	days	0.39	0.36	0.55	0.19	0.47	0.28	0.65	0.23	0.29	0.12	0.17	0.07	0.13	0.04	0.55	1.06	0.74	0.26	0.33	0.27

February 3, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 945.81
= 0.39

The Days Sales Outstanding (DSO) is a key ratio that measures how quickly a company collects its accounts receivable. A lower DSO indicates that a company is collecting payments more quickly, which is generally favorable as it implies a more efficient and effective accounts receivable management.

Analyzing the DSO trend for Ollie's Bargain Outlet Hldg over the past several quarters, we observe fluctuations in the DSO ratio. The company's DSO has ranged from as low as 0.04 days to as high as 1.06 days over the periods in question.

In general, it is positive to note that the DSO for Ollie's Bargain Outlet Hldg has mostly remained at relatively low levels, suggesting that the company has been efficient in collecting its accounts receivable and managing its cash flow effectively.

However, the fluctuations in the DSO over the quarters may indicate variations in the company's credit policies, sales terms, or collection practices, which can impact the overall efficiency of its accounts receivable management.

Overall, the trend of low DSO figures for Ollie's Bargain Outlet Hldg is a positive sign of the company's effective credit and collection management, but it would be important to monitor any significant deviations from this trend to ensure the company's continued financial health and efficiency.