Under Armour Inc C (UA)

Days of sales outstanding (DSO)

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Receivables turnover 7.64 8.64 7.47 8.13 7.53 8.34 7.28 8.44 7.77 8.29 7.29 8.25 8.16 9.99 7.55 8.52 6.90 8.49 5.59 7.93
DSO days 47.77 42.26 48.86 44.88 48.48 43.76 50.12 43.23 46.98 44.04 50.06 44.23 44.75 36.54 48.32 42.84 52.93 43.02 65.27 46.02

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.64
= 47.77

The Days of Sales Outstanding (DSO) ratio for Under Armour Inc C reflects the average number of days it takes for the company to collect its accounts receivable. Analyzing the DSO trend from June 30, 2020, to March 31, 2025, reveals fluctuations in the time it takes for the company to convert its credit sales into cash.

The DSO ratio ranged from a low of 36.54 days on December 31, 2021, to a high of 65.27 days on September 30, 2020. Generally, a lower DSO indicates that the company efficiently collects its receivables, while a higher DSO suggests potential issues in collecting payments promptly.

During the period analyzed, there were observable decreases and increases in the DSO ratio, indicating changes in the company's credit policy or the effectiveness of its accounts receivable management. Notably, the DSO ratio improved from December 31, 2021, to December 31, 2024, showing the company's ability to manage its accounts receivable efficiently during that time frame.

However, the lack of data for March 31, 2025, makes it challenging to draw a conclusion about the most recent performance. It would be essential for stakeholders to monitor future DSO trends to assess the company's ongoing ability to convert credit sales into cash effectively.