Ollie's Bargain Outlet Hldg (OLLI)

Fixed asset turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	2,271,700	2,102,700	2,102,660	1,827,010	1,827,080
Property, plant and equipment	US$ in thousands	—	270,063	—	175,947	175,947
Fixed asset turnover		—	7.79	—	10.38	10.38

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,271,700K ÷ $—K
= —

Fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. A high fixed asset turnover ratio indicates that the company is effectively utilizing its fixed assets to generate sales.

Based on the data provided:
1. As of January 28, 2023, and January 31, 2023, Ollie's Bargain Outlet Hldg had a fixed asset turnover ratio of 10.38. This high ratio suggests that the company was effectively using its fixed assets to generate revenue during these periods.

2. As of January 31, 2024, the data is missing ("—"). Without this data point, it is not possible to analyze the company's fixed asset turnover for this period.

3. As of February 3, 2024, the fixed asset turnover ratio decreased to 7.79 from the previous high levels. This could indicate a decrease in the efficiency of utilizing fixed assets to generate revenue compared to earlier periods.

4. As of January 31, 2025, again the data is missing ("—"), making it difficult to assess the company's fixed asset turnover for this period.

Overall, Ollie's Bargain Outlet Hldg has shown strong efficiency in utilizing its fixed assets to generate revenue, as indicated by the high fixed asset turnover ratios in the available data points. The slight decline in the ratio in February 3, 2024, could be a point of interest for further analysis to understand the reasons behind the change in asset utilization efficiency.