Under Armour Inc C (UA)
Fixed asset turnover
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 5,164,300 | 5,315,780 | 5,400,840 | 5,568,530 | 5,701,880 | 5,768,730 | 5,864,410 | 5,871,580 | 5,903,630 | 5,805,660 | 5,753,080 | 5,724,730 | 5,727,200 | 5,683,460 | 5,558,030 | 5,445,520 | 4,801,630 | 4,474,670 | 4,512,120 | 4,508,560 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 1,137,010 | 1,143,910 | 1,162,040 | 1,138,560 | 1,108,640 | 1,018,680 | 1,021,760 | 1,055,590 | 1,071,340 | 1,112,130 | 632,307 | 658,678 | 1,241,020 | 702,885 |
Fixed asset turnover | — | — | — | — | — | — | 5.16 | 5.13 | 5.08 | 5.10 | 5.19 | 5.62 | 5.61 | 5.38 | 5.19 | 4.90 | 7.59 | 6.79 | 3.64 | 6.41 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,164,300K ÷ $—K
= —
Under Armour Inc C's fixed asset turnover has fluctuated over the past few years, starting at a high of 6.41 in June 2020, dipping to 3.64 in September 2020, and then gradually increasing to reach a peak of 7.59 in March 2021. The metric then fluctuated around the 5 to 6 range, showing some stability in the company's ability to generate revenue from its fixed assets. However, it is worth noting that the ratio decreased to 5.13 by June 30, 2023, before slightly increasing again to 5.16 by September 30, 2023.
From the data provided, it is evident that Under Armour Inc C has been efficiently utilizing its fixed assets to generate sales revenue, with the ratio generally remaining above 5 during the period analyzed. This indicates that the company has been successful in leveraging its fixed assets to drive sales, although there may have been some fluctuations in efficiency over time. The stability of the metric within the 5 to 6 range suggests that the company has maintained a relatively consistent level of productivity in utilizing its fixed assets for revenue generation.
Peer comparison
Mar 31, 2025