Under Armour Inc C (UA)

Days of sales outstanding (DSO)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		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	6.18	7.11	7.01
DSO	days	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	59.03	51.31	52.07

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.53
= 48.48

The days of sales outstanding (DSO) for Under Armour Inc C has fluctuated over the past several quarters, ranging from a low of 36.54 days to a high of 65.27 days. The trend in DSO indicates the average number of days it takes for the company to collect its accounts receivable, reflecting the efficiency of its credit and collection policies.

Overall, there seems to be a general trend of variability in DSO throughout the periods analyzed. Lower DSO values indicate that the company is collecting its accounts receivable more quickly, which is generally a positive sign of strong cash flow management. On the other hand, higher DSO values may suggest potential challenges in collecting outstanding payments, leading to potential cash flow constraints.

It is important for Under Armour Inc C to closely monitor its DSO and strive to keep it at an optimal level to ensure efficient working capital management and healthy cash flow generation. Regular analysis of DSO can help the company identify trends, address potential issues, and make improvements to its credit policies and collection procedures to enhance its overall financial performance.