SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'Inventory' OLLI (Ollie's Bargain Outlet Holdings) Total Inventories
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Total Inventories

Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Total Inventories

: $506 Mil (As of Jan. 2024)
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Ollie's Bargain Outlet Holdings's total inventories for the quarter that ended in Jan. 2024 was $506 Mil. Ollie's Bargain Outlet Holdings's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $519 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ollie's Bargain Outlet Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-2.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ollie's Bargain Outlet Holdings's Days Inventory for the three months ended in Jan. 2024 was 122.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ollie's Bargain Outlet Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.74.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Ollie's Bargain Outlet Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.80.

Ollie's Bargain Outlet Holdings Total Inventories Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 335.18 353.70 467.31 470.53 505.79

Ollie's Bargain Outlet Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 470.53 497.99 498.33 532.37 505.79

Ollie's Bargain Outlet Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Ollie's Bargain Outlet Holdings  (NAS:OLLI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ollie's Bargain Outlet Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(353.242+0.75 * 2.223+0.5 * 505.79-786.362
-0-0)/61.454
=-2.91

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ollie's Bargain Outlet Holdings's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=519.08/385.95*365 / 4
=122.73

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ollie's Bargain Outlet Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=385.95 / 519.08
=0.74

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Ollie's Bargain Outlet Holdings's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=519.08 / 648.949
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ollie's Bargain Outlet Holdings Total Inventories Related Terms

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Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Total Inventories
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Traded in Other Exchanges
OL6:Germany OL6:Germany
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Website
https://www.ollies.us
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Executives
John W Swygert officer: EVP, CFO OLLIE'S BARGAIN OUTLET, INC., 6295 ALLENTOWN BLVD., SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: SVP/CFO 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Stanley Fleishman director
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Richard F Zannino director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Kenneth Robert Bertram officer: VP, General Counsel 3404 CHOCO CHASE, MECHNICSBURG NY 17055
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Omar Segura officer: Sr. VP of Store Operations 576 BLUE MOUNTAIN PARKWAY, HARRISBURG PA 17112