Ollie's Bargain Outlet Hldg (OLLI)

Liquidity ratios

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
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
Quick ratio 1.41 0.96 1.19 1.10 1.13 1.12 0.91 0.92 1.04 1.05 0.99 0.99 1.04 1.05 0.96 0.97 0.86 0.87 0.80 0.94
Cash ratio 1.41 0.96 1.19 1.10 1.12 1.12 0.91 0.91 1.04 1.04 0.99 0.99 1.04 1.04 0.96 0.96 0.86 0.86 0.80 0.94

Ollie's Bargain Outlet Holdings maintains a consistently strong current ratio, ranging from 2.74 to 3.27 over the last few years. This indicates that the company has sufficient current assets to cover its current liabilities. The current ratio remained relatively stable, with slight fluctuations observed.

In terms of quick ratio, the company started at a lower level of 0.80 in April 2022, but then improved to reach 1.41 by January 2025. This indicates a gradual strengthening of the company's ability to meet its short-term obligations using its most liquid assets, excluding inventory. The quick ratio trend shows a positive improvement over the years.

The cash ratio, which measures the company's ability to cover its current liabilities with its cash and cash equivalents, has also shown a positive trend, increasing from 0.80 in April 2022 to 1.41 in January 2025. This indicates an enhanced ability to meet short-term obligations using only cash and near-cash assets.

Overall, Ollie's Bargain Outlet Holdings has maintained healthy liquidity ratios, with notable improvements seen in its quick and cash ratios over the years. This suggests that the company has a strong ability to meet its short-term financial obligations while also indicating efficient management of its current assets and liabilities.

Additional liquidity measure

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
Cash conversion cycle days 147.75 145.76 120.34 125.18 82.82 128.35 128.97 104.16 122.82 91.93 119.07 97.17 117.05 97.35 137.85 115.24 135.79 99.77 150.01 126.72

The cash conversion cycle for Ollie's Bargain Outlet Hldg shows the number of days it takes for the company to convert its investments in inventory and other resources into cash flows from sales. During the period from January 31, 2022, to January 31, 2025, the cycle fluctuated between 82.82 days and 150.01 days.

The company's shortest cash conversion cycle was observed on February 3, 2024, at 82.82 days, indicating that Ollie's Bargain Outlet was efficient in converting its resources into cash during that period. On the other hand, the longest cycle was recorded on April 30, 2022, at 150.01 days, suggesting a slower conversion process during that specific time frame.

Overall, the trend in the cash conversion cycle for Ollie's Bargain Outlet Hldg varied over the period analyzed. It is important for the company to monitor and manage its cash conversion cycle effectively to ensure optimal utilization of resources and improve its cash flow efficiency.