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.