Ollie's Bargain Outlet Hldg (OLLI)

Fixed asset turnover

		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
Revenue (ttm)	US$ in thousands	2,271,705	2,253,510	2,385,031	2,286,706	2,257,938	2,123,558	1,989,118	1,968,222	1,947,252	1,982,532	2,017,793	1,976,711	1,935,703	1,838,396	1,741,108	1,729,702	1,812,765	1,861,418	1,792,423	1,769,244
Property, plant and equipment	US$ in thousands	—	—	—	—	270,063	—	—	230,203	658,341	202,889	187,030	187,030	175,947	175,947	618,055	170,133	158,374	158,374	580,867	567,732
Fixed asset turnover		—	—	—	—	8.36	—	—	8.55	2.96	9.77	10.79	10.57	11.00	10.45	2.82	10.17	11.45	11.75	3.09	3.12

January 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,271,705K ÷ $—K
= —

The fixed asset turnover ratio measures how efficiently a company is generating sales using its fixed assets. A higher ratio indicates that the company is effectively utilizing its fixed assets to generate revenue.

Analyzing the fixed asset turnover of Ollie's Bargain Outlet Hldg over the reported periods, we observe fluctuations in the ratio.

- The ratio was consistent and relatively high around the middle of 2022, with values over 10 indicating that the company was efficiently using its fixed assets to generate sales during that period.
- In the subsequent quarters of 2022 and early 2023, the ratio dropped significantly but remained above 2, showing a decrease in the efficiency of fixed asset utilization during this time.
- By the end of 2023 and into early 2024, the fixed asset turnover ratio improved but remained below the peak levels seen in mid-2022.

It is noteworthy that the ratio for the most recent periods, starting from January 31, 2024, shows incomplete or missing data, making it challenging to provide a comprehensive analysis for the latest periods.

In conclusion, the trend in Ollie's Bargain Outlet Hldg fixed asset turnover ratio shows fluctuations over the periods analyzed, indicating varying levels of efficiency in using fixed assets to generate sales. Further analysis and comparison with industry benchmarks may provide additional insights into the company's performance in utilizing its fixed assets.