Under Armour Inc C (UA)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | 4.25 | 5.10 | 4.27 | 6.35 | 4.48 | 5.90 | 4.54 | 5.01 | 4.27 | 4.05 | 4.37 | 5.16 | 4.60 | 5.21 | 4.51 | 4.98 | 4.02 | 3.67 | 3.55 | |
| Number of days of payables | days | — | 85.89 | 71.51 | 85.40 | 57.48 | 81.54 | 61.87 | 80.34 | 72.80 | 85.38 | 90.09 | 83.50 | 70.79 | 79.33 | 70.00 | 80.90 | 73.31 | 90.83 | 99.32 | 102.87 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Under Armour Inc C has shown fluctuations over the years, indicating changes in its payment practices to suppliers. The trend indicates that the company took longer to pay its suppliers in the past, with the number of days of payables peaking at 102.87 days as of June 30, 2020.
However, the number of days of payables has since decreased, reaching a low of 57.48 days as of March 31, 2024. This suggests that the company has been managing its payables more efficiently, possibly negotiating better terms with suppliers or streamlining its payment processes.
Overall, the company's ability to effectively manage its payables is essential for maintaining good relationships with suppliers while also optimizing its working capital management. Monitoring this metric over time can provide insights into the company's financial health and operational efficiency.
Peer comparison
Mar 31, 2025