Ollie's Bargain Outlet Hldg (OLLI)

Payables 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
Cost of revenue (ttm) US$ in thousands 1,364,969 1,520,784 1,611,381 1,537,976 1,671,781 1,438,311 1,506,717 1,501,361 1,480,995 1,506,476 1,526,590 1,499,403 1,467,328 1,432,894 1,386,745 1,398,690 1,328,244 1,463,055 1,258,045 1,345,978
Payables US$ in thousands — — — — 128,097 — — 105,440 — 121,144 — 99,554 — 90,204 — 83,210 — 96,643 — —
Payables turnover — — — — 13.05 — — 14.24 — 12.44 — 15.06 — 15.89 — 16.81 — 15.14 — —

January 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,364,969K ÷ $—K
= —

The payables turnover ratio for Ollie's Bargain Outlet Hldg has fluctuated over the period analyzed. It indicates how efficiently the company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a specific period.

Based on the data provided, the payables turnover ratio ranged from a low of 12.44 to a high of 16.81. A higher payables turnover ratio generally indicates that the company is paying off its suppliers more quickly, which could imply strong liquidity or effective bargaining power with suppliers. Conversely, a lower ratio may suggest that the company is taking longer to pay its suppliers, potentially leading to strained supplier relationships or missed opportunities for early payment discounts.

It is worth noting that the absence of data for certain periods, denoted by "—", could be due to various factors such as seasonal fluctuations, changes in payment terms, or incomplete financial reporting. Monitoring the payables turnover ratio over time can provide valuable insights into Ollie's Bargain Outlet Hldg's working capital management and supplier relationship strategies.