Under Armour Inc C (UA)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,164,310 | 5,701,880 | 5,701,880 | 5,903,160 | 5,903,640 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 1,162,040 |
| Fixed asset turnover | — | — | — | — | 5.08 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,164,310K ÷ $—K
= —
The fixed asset turnover ratio for Under Armour Inc C as of December 31, 2022, is 5.08. This ratio indicates that the company generated $5.08 in sales for every dollar invested in fixed assets during that period. However, the data is unavailable for the subsequent periods of March 31, 2023, December 31, 2023, March 31, 2024, and March 31, 2025. A high fixed asset turnover ratio suggests efficient utilization of fixed assets to generate sales revenue. It is essential for the company to maintain or improve this ratio over time to demonstrate effective asset management and operational efficiency.
Peer comparison
Mar 31, 2025