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 | ||
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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.
Peer comparison
Mar 31, 2025