Under Armour Inc C (UA)

Days of sales outstanding (DSO)

		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	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Receivables turnover		8.64	7.47	8.13	7.53	8.34	7.28	8.44	7.77	8.61	7.60	8.33	9.99	7.55	8.52	6.90	8.49	5.59	7.93	7.47	7.43
DSO	days	42.26	48.86	44.88	48.48	43.76	50.12	43.24	46.98	42.38	48.02	43.84	36.54	48.32	42.84	52.93	43.02	65.27	46.02	48.87	49.11

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.64
= 42.26

The Days Sales Outstanding (DSO) of Under Armour Inc C has experienced some fluctuations over the analyzed period. It decreased from 49.11 days on December 31, 2019, to 43.02 days on December 31, 2020, showing an improvement in the company's collection efficiency. However, there was a notable increase to 65.27 days on September 30, 2020, indicating a potential delay in collecting receivables during that period.

Subsequently, the DSO improved to 36.54 days on December 31, 2021, suggesting a better management of accounts receivable. Despite some variations in the following quarters, the DSO mostly stayed within a reasonable range, with the lowest value recorded on December 31, 2021, at 36.54 days and the highest on September 30, 2020, at 65.27 days.

Overall, the company appears to have made progress in managing its accounts receivable efficiently, as reflected in the trend of decreasing DSO figures in the latter part of the analyzed period. It is important for Under Armour Inc C to continue monitoring and improving its DSO to ensure timely collection of outstanding receivables and maintain healthy cash flow levels.