Ollie's Bargain Outlet Hldg (OLLI)

Number of days of payables

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Payables turnover 14.64 18.80
Number of days of payables days 24.94 19.41

January 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Ollie's Bargain Outlet Holdings has fluctuated over the years based on the data provided. As of January 28, 2023, the company had an average payment period of 19.41 days, indicating that on average, it takes about 19 days to pay off its accounts payable.

It is worth noting that on January 31, 2023, and January 31, 2024, the specific number of days of payables was not provided, denoted by "— days." This lack of data may suggest that there could have been changes in the company's payment practices during those periods, leading to the unavailability of this particular metric.

On February 3, 2024, the number of days of payables increased to 24.94 days, implying a slightly longer payment period compared to the previous year. This change might indicate a shift in the company's supplier relationships or internal financial management.

Looking at January 31, 2025, the data once again did not specify the exact number of days of payables.

Overall, the variations in the number of days of payables for Ollie's Bargain Outlet Holdings reflect fluctuations in the company's payment policies, relationships with suppliers, and financial performance. Further analysis would be needed to understand the underlying reasons behind these changes and their potential impact on the company's financial health.