Under Armour Inc C (UA)

Number of days of payables

Mar 31, 2025 Mar 31, 2024 Dec 31, 2023 Mar 31, 2023 Dec 31, 2022
Payables turnover 6.26 6.35 6.35 5.02 5.01
Number of days of payables days 58.35 57.48 57.48 72.69 72.80

March 31, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.26
= 58.35

The number of days of payables for Under Armour Inc C has remained relatively stable over the years, fluctuating within a narrow range. As of March 31, 2025, the company takes approximately 58.35 days on average to pay its suppliers. This indicates that Under Armour Inc C has a standard practice of managing its accounts payables efficiently, maintaining a consistent payment cycle with its suppliers. The stability in the number of days of payables suggests a well-controlled cash flow management and a balanced relationship with vendors.