Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Change In Inventory : $-35 Mil (TTM As of Jan. 2024)

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What is Ollie's Bargain Outlet Holdings Change In Inventory?

Ollie's Bargain Outlet Holdings's change in inventory for the quarter that ended in Jan. 2024 was $27 Mil. It means Ollie's Bargain Outlet Holdings's inventory declined by $27 Mil from Oct. 2023 to Jan. 2024 .

Ollie's Bargain Outlet Holdings's change in inventory for the fiscal year that ended in Jan. 2024 was $-35 Mil. It means Ollie's Bargain Outlet Holdings's inventory increased by $35 Mil from Jan. 2023 to Jan. 2024 .

Ollie's Bargain Outlet Holdings's Total Inventories for the quarter that ended in Jan. 2024 was $506 Mil.

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 quarter that 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 Change In Inventory Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings's Change In Inventory 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.

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Ollie's Bargain Outlet Holdings Change In Inventory Chart

Ollie's Bargain Outlet Holdings Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

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-38.77

-18.52

-113.60

-3.23

-35.26

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
Change In Inventory	Get a 7-Day Free Trial															53.19	-27.45	-0.34	-34.04	26.58

Ollie's Bargain Outlet Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35 Mil.

Ollie's Bargain Outlet Holdings (NAS:OLLI) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	519.08	/	385.95	*	365 / 4
	=	122.73

2. 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	/	Average Total Inventories
	=	385.95	/	519.08
	=	0.74

3. 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	/	Revenue
	=	519.08	/	648.949
	=	0.80

Ollie's Bargain Outlet Holdings Change In Inventory 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 » Change In Inventory

Comparable Companies

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