Ollie's Bargain Outlet Hldg (OLLI)

Current ratio

		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
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
Current ratio		3.27	2.91	3.01	2.83	2.76	2.76	2.79	2.79	2.74	2.74	2.82	2.82	2.91	2.91	2.83	2.83	2.85	2.85	2.83	2.76

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $993,791K ÷ $304,341K
= 3.27

The current ratio of Ollie's Bargain Outlet Hldg has shown fluctuations over the provided timeframe. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, was 2.76 as of January 31, 2022, indicating that the company had $2.76 in current assets for every $1 in current liabilities.

Subsequently, the current ratio improved gradually, reaching a peak of 3.27 as of January 31, 2025. This increase suggests that Ollie's Bargain Outlet Hldg strengthened its liquidity position over time, possibly by increasing its current assets relative to its current liabilities.

However, there were periods of fluctuation within this trend, such as a slight decrease in the current ratio in the third quarter of 2023 and then a subsequent increase in the fourth quarter of 2023. These fluctuations could be attributed to changes in the company's working capital management or variations in its current asset and liability composition.

Overall, the current ratio of Ollie's Bargain Outlet Hldg has been generally healthy throughout the period, consistently above 2.0, which is typically considered a benchmark for a strong liquidity position. This indicates that the company has had a solid ability to meet its short-term obligations using its current assets.