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.
Peer comparison
Mar 31, 2025
Company name
Symbol
Number of days of payables
Under Armour Inc C
UA
58.35
Carter’s Inc
CRI
76.37
Columbia Sportswear Company
COLM
—
G-III Apparel Group Ltd
GIII
—
Lululemon Athletica Inc.
LULU
—
Under Armour Inc A
UAA
58.35