Ollie's Bargain Outlet Hldg (OLLI)

Short-term

Turnover ratios

Based on the provided data, here is a detailed analysis of Ollie's Bargain Outlet Holding activity ratios:

1. Inventory Turnover:
- Ollie's Bargain Outlet has shown a consistent improvement in its inventory turnover ratio over time, indicating that the company is managing its inventory more efficiently.
- The ratio increased from 2.88 in January 2022 to 2.47 in January 2025, with fluctuations in between.
- A higher inventory turnover ratio signifies that the company is selling its inventory faster and avoiding excess stock, which can reduce holding costs and potential obsolescence.

2. Receivables Turnover:
- The data shows sporadic or missing values for the receivables turnover ratio, indicating potential inconsistencies in the company's collection of receivables.
- Notably, the receivables turnover ratio was notably high in April 2023 at 2,006.81, suggesting that the company collected its receivables exceptionally quickly during that period.

3. Payables Turnover:
- Ollie's Bargain Outlet maintained a relatively stable payables turnover ratio over the available periods, ranging from 12.44 to 16.81.
- A consistent payables turnover ratio indicates that the company is managing its accounts payable effectively, balancing its payment terms with suppliers, and potentially improving its working capital management.

4. Working Capital Turnover:
- The working capital turnover ratio fluctuated over the periods provided, ranging from 3.29 to 4.06.
- A higher working capital turnover ratio suggests that the company is generating more revenue with less capital investment, which could indicate efficient use of working capital to drive sales and operations.

In conclusion, Ollie's Bargain Outlet Holding has demonstrated improvements in inventory turnover and stable performance in payables turnover and working capital turnover, while the sporadic nature of the receivables turnover ratio raises some concerns about the company's receivables management. Further analysis and monitoring of these ratios can provide valuable insights into the company's operational efficiency and financial health.

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Average number of days

Based on the provided data on Ollie's Bargain Outlet Hldg activity ratios, let's analyze the key metrics:

1. Days of Inventory on Hand (DOH):
- Ollie's Bargain Outlet Hldg's DOH fluctuated over the periods, ranging from a low of 110.43 days to a high of 150.01 days.
- The company seems to have some variability in managing its inventory levels, with fluctuations that may impact working capital and storage costs.
- Overall, the trend shows a slight increase in recent periods, indicating a potential need for better inventory management to optimize cash flow.

2. Days of Sales Outstanding (DSO):
- The data for DSO is not available for most periods, indicating that the company may not have significant accounts receivable or operates in a way that results in quick turnover of receivables.
- In the periods where DSO data is available, the company maintains a very low DSO, which implies efficient collections and a strong credit policy.

3. Number of Days of Payables:
- Ollie's Bargain Outlet Hldg's payables days are relatively consistent, varying between approximately 21 to 30 days.
- The stability in payables days suggests that the company may have established consistent payment terms with suppliers.
- Maintaining stable payable days can help the company manage its cash flow effectively by utilizing trade credit efficiently.

In conclusion, while Ollie's Bargain Outlet Hldg demonstrates efficiency in managing its receivables and payables, there seems to be room for improvement in inventory management to enhance working capital management and overall operational efficiency.

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Long-term

Long-term activity ratios provide insights into how efficiently a company is utilizing its assets to generate sales revenues.

1. Fixed Asset Turnover:
- Ollie's Bargain Outlet Hldg's fixed asset turnover has shown some fluctuations over the years. The ratio peaked at 11.75 in July 2022 and has experienced varying values since then.
- High fixed asset turnover ratios indicate that the company is effectively utilizing its fixed assets to generate sales. In contrast, lower ratios may suggest underutilization of fixed assets.
- Overall, the trend in fixed asset turnover ratios indicates that the company has gone through periods of both high and relatively lower efficiency in utilizing its fixed assets to drive sales.

2. Total Asset Turnover:
- The total asset turnover ratio measures how efficiently a company is utilizing all its assets to generate revenues. For Ollie's Bargain Outlet Hldg, this ratio has displayed relatively stable values over the years.
- The company's total asset turnover ranged from 0.86 to 1.00 during the period under consideration, with most values hovering around 0.90 to 0.95.
- Consistent or increasing total asset turnover ratios imply that the company is efficiently using its total assets to generate sales, while declining ratios could indicate inefficiencies in asset utilization.
- The trend in Ollie's total asset turnover ratios suggests a relatively stable efficiency in using its assets to generate sales revenues over the examined periods.

In conclusion, Ollie's Bargain Outlet Hldg's long-term activity ratios reflect varying efficiencies in utilizing fixed assets for sales generation and relatively stable performance in utilizing total assets. Investors and stakeholders may use these ratios to assess the company's asset management effectiveness and operational efficiency over time.