Under Armour Inc C (UA)

Receivables 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
Receivables US$ in thousands 615,467 723,042 684,695 757,339 691,546 805,197 695,455 759,860 700,544 789,087 693,636 702,197 569,014 735,779 639,176 696,287 527,340 806,916 568,430
Receivables turnover 8.64 7.47 8.13 7.53 8.34 7.28 8.44 7.77 8.29 7.29 8.25 8.16 9.99 7.55 8.52 6.90 8.49 5.59 7.93

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,164,300K ÷ $—K
= —

The receivables turnover ratio for Under Armour Inc C has shown fluctuations over the past few years. It was 7.93 as of June 30, 2020, then decreased to 5.59 as of September 30, 2020, before gradually increasing to 8.64 as of December 31, 2024.

Receivables turnover indicates the company's efficiency in collecting outstanding receivables from its customers. A higher turnover ratio is generally favorable as it implies that the company is collecting receivables quickly.

The company experienced some variability in its receivables turnover ratio during the period under review, which could be due to changes in the company's credit policies, customer payment behaviors, or overall economic conditions.

It is essential for Under Armour Inc C to monitor its receivables turnover ratio to ensure efficient management of its accounts receivables and maintain healthy cash flow levels.