Ollie's Bargain Outlet Hldg (OLLI)

Receivables 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
Revenue (ttm)	US$ in thousands	2,271,705	2,253,510	2,385,031	2,286,706	2,257,938	2,123,558	1,989,118	1,968,222	1,947,252	1,982,532	2,017,793	1,976,711	1,935,703	1,838,396	1,741,108	1,729,702	1,812,765	1,861,418	1,792,423	1,769,244
Receivables	US$ in thousands	—	—	—	—	2,223	—	—	1,973	—	2,935	—	985	—	2,374	—	1,363	—	3,086	—	—
Receivables turnover		—	—	—	—	1,015.72	—	—	997.58	—	675.48	—	2,006.81	—	774.39	—	1,269.04	—	603.18	—	—

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,271,705K ÷ $—K
= —

The receivables turnover ratio for Ollie's Bargain Outlet Hldg has varied over the periods provided.

For July 30, 2022, the receivables turnover ratio was 603.18, indicating that receivables were turning over approximately 603 times during that period. This high turnover rate suggests that Ollie's is efficiently collecting receivables from customers.

In October 29, 2022, the ratio increased significantly to 1,269.04, reflecting a faster turnover of receivables compared to the previous period. This improvement may indicate tighter credit policies or more effective collection efforts by the company.

However, the ratio dropped to 774.39 in January 28, 2023, then surged to 2,006.81 in April 29, 2023. These fluctuations may be due to seasonal factors, changes in customer payment behavior, or adjustments in company operations.

Subsequently, in July 29, 2023, the ratio decreased to 675.48, showing a decline in the rate at which receivables were collected compared to the previous period.

Overall, the fluctuating receivables turnover ratios suggest some variability in how quickly Ollie's is collecting payments from customers. It is important for the company to monitor these trends and ensure efficient management of its accounts receivables to maintain a healthy cash flow and financial stability.