Under Armour Inc C (UA)
Total asset 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 |
| Total assets | US$ in thousands | 4,300,870 | 4,630,960 | 4,494,590 | 4,860,510 | 4,760,730 | 5,044,510 | 4,746,550 | 4,867,160 | 4,857,080 | 4,827,560 | 4,770,070 | 4,605,800 | 4,452,830 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 |
| Total asset turnover | 1.20 | 1.15 | 1.20 | 1.15 | 1.20 | 1.14 | 1.24 | 1.21 | 1.22 | 1.20 | 1.21 | 1.24 | 1.29 | 1.14 | 1.15 | 1.12 | 0.98 | 0.89 | 0.93 | 0.90 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,164,300K ÷ $4,300,870K
= 1.20
The total asset turnover ratio measures a company's ability to generate sales revenue from its assets. A higher total asset turnover ratio indicates that the company is using its assets efficiently to generate sales.
Based on the provided data for Under Armour Inc C, the total asset turnover has shown fluctuations over the past several periods. The ratio increased from 0.90 as of June 30, 2020, to 1.20 as of September 30, 2024, before dropping slightly to 1.15 by December 31, 2024.
During this period, the total asset turnover ratio displayed an overall increasing trend, peaking at 1.29 as of March 31, 2022. This suggests that Under Armour Inc C became more efficient in generating sales revenue relative to its total assets during that period.
However, the total asset turnover ratio fluctuated afterwards, indicating potential changes in the company's asset utilization efficiency. It's noteworthy that the data for March 31, 2025, is missing, so the trend analysis cannot be extended to the most recent period.
Overall, an upward trend in the total asset turnover ratio for Under Armour Inc C signifies an improvement in asset utilization efficiency, which could indicate better operational performance and potentially lead to increased profitability over time.
Peer comparison
Mar 31, 2025