Ollie's Bargain Outlet Hldg (OLLI)
Working capital 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 current assets | US$ in thousands | 993,791 | 923,787 | 895,430 | 878,782 | 871,428 | 871,428 | 805,559 | 805,559 | 818,261 | 818,261 | 783,268 | 783,268 | 754,296 | 754,296 | 714,352 | 714,352 | 724,672 | 724,672 | 731,356 | 726,828 |
| Total current liabilities | US$ in thousands | 304,341 | 317,107 | 297,841 | 310,792 | 315,551 | 315,551 | 289,103 | 289,103 | 298,295 | 298,295 | 278,213 | 278,213 | 259,285 | 259,285 | 252,193 | 252,193 | 254,112 | 254,112 | 258,154 | 263,268 |
| Working capital turnover | 3.29 | 3.71 | 3.99 | 4.03 | 4.06 | 3.82 | 3.85 | 3.81 | 3.74 | 3.81 | 4.00 | 3.91 | 3.91 | 3.71 | 3.77 | 3.74 | 3.85 | 3.96 | 3.79 | 3.82 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,271,705K ÷ ($993,791K – $304,341K)
= 3.29
The working capital turnover ratio for Ollie's Bargain Outlet Hldg has shown fluctuations over the provided time period. The ratio ranged from 3.29 to 4.06, indicating that, on average, the company's working capital was turned over between approximately 3.29 and 4.06 times during the respective periods.
The fluctuations in the ratio may suggest changes in the efficiency of utilizing working capital in the company's operations. A higher ratio typically indicates better efficiency in managing working capital, as it implies that the company is generating more revenue per dollar of working capital invested.
The company experienced relatively stable working capital turnover ratios fluctuating within the range of 3.70 to 4.00 during the recent periods. This stability could reflect consistent management practices or operational efficiency in utilizing working capital.
Further analysis and comparison with industry benchmarks or historical data could provide insights into whether the company's working capital turnover performance is favorable or requires improvement. It would be prudent to monitor trends in the ratio over time to assess the company's ability to efficiently manage its working capital for sustained growth and profitability.
Peer comparison
Jan 31, 2025