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.
Peer comparison
Mar 31, 2025