Ollie's Bargain Outlet Hldg (OLLI)

Payables turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Cost of revenue	US$ in thousands	1,357,250	1,874,860	1,270,300	1,170,920	1,696,080
Payables	US$ in thousands	—	128,097	—	—	90,204
Payables turnover		—	14.64	—	—	18.80

January 31, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $1,357,250K ÷ $—K
= —

The payables turnover ratio for Ollie's Bargain Outlet Hldg indicates how efficiently the company is managing its accounts payable. Based on the provided data, the payables turnover ratio for Ollie's has fluctuated over the years.

On January 28, 2023, the payables turnover ratio was 18.80, indicating that Ollie's was able to turn over its payables approximately 18.80 times during that year. This high ratio suggests that the company was efficient in paying off its suppliers relative to its purchasing activities.

On January 31, 2023, and January 31, 2024, the payables turnover ratios were not available (denoted as "—"), making it difficult to assess the company's payables management during those periods.

By February 3, 2024, the payables turnover ratio decreased to 14.64, which could indicate a potential extension in payment terms with suppliers or a slowdown in accounts payable turnover.

As of January 31, 2025, the payables turnover ratio is not available, providing limited insight into the company's recent payables management efficiency.

Overall, the fluctuations in Ollie's payables turnover ratios suggest varying levels of efficiency in managing its accounts payable over the analyzed periods. Further analysis and comparison with industry benchmarks would provide a clearer picture of Ollie's performance in this area.