Under Armour Inc C (UA)

Days of inventory on hand (DOH)

		Mar 31, 2025	Mar 31, 2024	Dec 31, 2023	Mar 31, 2023	Dec 31, 2022
Inventory turnover		2.84	3.20	3.20	2.74	2.73
DOH	days	128.36	113.90	113.90	133.29	133.50

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.84
= 128.36

The days of inventory on hand (DOH) for Under Armour Inc C have shown a relatively stable trend over the years, ranging from 113.90 days to 133.50 days. The company has maintained an average DOH of around 120 days over the analyzed period. A lower DOH indicates that the company is able to sell its inventory more quickly, whereas a higher DOH may suggest potential inefficiencies in inventory management. It is important for Under Armour Inc C to monitor its inventory levels closely to ensure optimal balance between holding enough inventory to meet demand without being excessive. Overall, the DOH metric provides insight into how efficiently the company is managing its inventory levels to support its operations and sales performance.