Ollie's Bargain Outlet Hldg (OLLI)
Total asset 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 |
Total assets | US$ in thousands | 2,561,140 | 2,470,840 | 2,374,290 | 2,311,470 | 2,294,590 | 2,428,770 | 2,194,360 | 2,194,360 | 2,154,160 | 2,154,160 | 2,091,040 | 2,091,040 | 2,044,100 | 2,044,100 | 2,009,970 | 2,009,970 | 1,999,190 | 1,999,190 | 1,989,830 | 1,972,170 |
Total asset turnover | 0.89 | 0.91 | 1.00 | 0.99 | 0.98 | 0.87 | 0.91 | 0.90 | 0.90 | 0.92 | 0.96 | 0.95 | 0.95 | 0.90 | 0.87 | 0.86 | 0.91 | 0.93 | 0.90 | 0.90 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,271,705K ÷ $2,561,140K
= 0.89
Total asset turnover is a financial ratio that measures a company's efficiency in generating sales from its total assets. A higher turnover ratio typically indicates that the company is efficiently utilizing its assets to generate revenue.
Based on the data provided for Ollie's Bargain Outlet Hldg, the total asset turnover ratio fluctuated within a range over the period from January 31, 2022, to January 31, 2025. The ratio ranged from a low of 0.86 to a high of 1.00, with the latest reported ratio being 0.89 as of January 31, 2025.
The stability and consistency of the total asset turnover ratio around the range of 0.86 to 1.00 suggest that Ollie's Bargain Outlet Hldg has been maintaining a relatively efficient use of its assets to generate sales over the years analyzed. However, the slight decrease in the ratio towards the end of the period may indicate a potential decrease in asset efficiency or a change in business operations that impacted the company's ability to generate sales from its assets.
Further analysis and comparison with industry peers or historical data could provide more insights into the company's asset management efficiency and its overall financial performance.
Peer comparison
Jan 31, 2025