Ollie's Bargain Outlet Hldg (OLLI)

Receivables turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	2,271,700	2,102,700	2,102,660	1,827,010	1,827,080
Receivables	US$ in thousands	—	2,223	—	—	2,374
Receivables turnover		—	945.88	—	—	769.62

January 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $2,271,700K ÷ $—K
= —

The receivables turnover ratio for Ollie's Bargain Outlet Hldg has fluctuated over the years. In January 28, 2023, the receivables turnover was relatively high at 769.62, indicating that the company was efficient in collecting its accounts receivable during that period. However, for January 31, 2023, and January 31, 2024, the data is unavailable ("—"), making it difficult to assess the company's performance in those specific periods.

In February 3, 2024, the receivables turnover significantly increased to 945.88, which suggests an even higher efficiency in collecting receivables compared to the data from January 28, 2023. The company appears to have managed its accounts receivable effectively during that period.

The lack of data for January 31, 2025, prevents a detailed analysis of the receivables turnover for that year. Overall, the available data indicates some variability in Ollie's Bargain Outlet Hldg's receivables turnover ratio, with periods of high efficiency in collecting receivables observed in some years. It would be beneficial to monitor this ratio consistently to track the company's performance in managing its accounts receivable effectively.