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.