What is Ollie's Bargain Outlet Holdings Receivables Turnover?
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ollie's Bargain Outlet Holdings's Revenue for the
three
months ended in Jan. 2024 was $649 Mil. Ollie's Bargain Outlet Holdings's average Accounts Receivable for the
three
months ended in Jan. 2024 was $2 Mil.
Hence, Ollie's Bargain Outlet Holdings's Receivables Turnover for the
three
months ended in Jan. 2024 was 309.32.
Ollie's Bargain Outlet Holdings Receivables Turnover Historical Data
The historical data trend for Ollie's Bargain Outlet Holdings's Receivables Turnover 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.
Competitive Comparison of Ollie's Bargain Outlet Holdings's Receivables Turnover
For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ollie's Bargain Outlet Holdings's Receivables Turnover falls into.
* 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.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Ollie's Bargain Outlet Holdings Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Ollie's Bargain Outlet Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Business Description
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.
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