Ollies Change To Inventory from 2010 to 2024

OLLI Stock  USD 94.61  3.86  4.25%   
Ollies Bargain's Change To Inventory is decreasing with slightly volatile movements from year to year. Change To Inventory is predicted to flatten to about -37 M. Change To Inventory is the increase or decrease in the amount of inventory Ollies Bargain Outlet has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2014-04-30
Previous Quarter
-21.7 M
Current Value
-3.8 M
Quarterly Volatility
30.6 M
 
Yuan Drop
 
Covid
Check Ollies Bargain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ollies Bargain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.1 M, Interest Expense of 15.4 M or Selling General Administrative of 370.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0506 or PTB Ratio of 2.7. Ollies financial statements analysis is a perfect complement when working with Ollies Bargain Valuation or Volatility modules.
  
Check out the analysis of Ollies Bargain Correlation against competitors.

Latest Ollies Bargain's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Ollies Bargain Outlet over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Ollies Bargain's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ollies Bargain's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Ollies Change To Inventory Regression Statistics

Arithmetic Mean(31,932,187)
Coefficient Of Variation(78.87)
Mean Deviation15,914,357
Median(20,736,000)
Standard Deviation25,183,416
Sample Variance634.2T
Range110.4M
R-Value(0.34)
Mean Square Error605.7T
R-Squared0.11
Significance0.22
Slope(1,894,520)
Total Sum of Squares8878.9T

Ollies Change To Inventory History

2024-37 M
2023-35.3 M
2022-3.2 M
2021-113.6 M
2020-18.5 M
2019-38.8 M
2018-41.2 M

About Ollies Bargain Financial Statements

Investors use fundamental indicators, such as Ollies Bargain's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Ollies Bargain's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change To Inventory-35.3 M-37 M

Currently Active Assets on Macroaxis

When determining whether Ollies Bargain Outlet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ollies Bargain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ollies Bargain Outlet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ollies Bargain Outlet Stock:
Check out the analysis of Ollies Bargain Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ollies Bargain. If investors know Ollies will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ollies Bargain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.162
Earnings Share
3.28
Revenue Per Share
36.047
Quarterly Revenue Growth
0.124
Return On Assets
0.0701
The market value of Ollies Bargain Outlet is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ollies Bargain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.