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.