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Ollie's Bargain Outlet Holdings (STU:OL6) Days Inventory : 124.71 (As of Jan. 2024)


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What is Ollie's Bargain Outlet Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ollie's Bargain Outlet Holdings's Average Total Inventories for the three months ended in Jan. 2024 was €484 Mil. Ollie's Bargain Outlet Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was €354 Mil. Hence, Ollie's Bargain Outlet Holdings's Days Inventory for the three months ended in Jan. 2024 was 124.71.

The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Days Inventory or its related term are showing as below:

STU:OL6' s Days Inventory Range Over the Past 10 Years
Min: 115.82   Med: 138.91   Max: 150.04
Current: 143.96

During the past 11 years, Ollie's Bargain Outlet Holdings's highest Days Inventory was 150.04. The lowest was 115.82. And the median was 138.91.

STU:OL6's Days Inventory is ranked worse than
92.74% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs STU:OL6: 143.96

Ollie's Bargain Outlet Holdings's Days Inventory declined from Jan. 2023 (138.66) to Jan. 2024 (124.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ollie's Bargain Outlet Holdings's Inventory Turnover for the three months ended in Jan. 2024 was 0.73.

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 three months ended in Jan. 2024 was 0.81.


Ollie's Bargain Outlet Holdings Days Inventory Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings's Days 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.

* Premium members only.

Ollie's Bargain Outlet Holdings Days Inventory Chart

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.43 121.32 135.51 142.72 141.00

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
Days Inventory Get a 7-Day Free Trial 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 138.66 158.83 143.66 160.85 124.71

Competitive Comparison of Ollie's Bargain Outlet Holdings's Days Inventory

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ollie's Bargain Outlet Holdings's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Days Inventory falls into.



Ollie's Bargain Outlet Holdings Days Inventory Calculation

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 fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (436.656 + 464.315) / 2 ) / 1166.133*365
=450.4855 / 1166.133*365
=141.00

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

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (504.154 + 464.315) / 2 ) / 354.302*365 / 4
=484.2345 / 354.302*365 / 4
=124.71

* 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.


Ollie's Bargain Outlet Holdings  (STU:OL6) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Jan. 2024 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Ollie's Bargain Outlet Holdings Days Inventory Related Terms

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Ollie's Bargain Outlet Holdings (STU:OL6) Business Description

Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
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.

Ollie's Bargain Outlet Holdings (STU:OL6) Headlines

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