Under Armour Inc A (UAA)

Days of inventory on hand (DOH)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021
Inventory turnover		2.84	3.20	2.74	3.48	3.48
DOH	days	128.36	113.90	133.29	104.95	104.95

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.84
= 128.36

The days of inventory on hand (DOH) for Under Armour Inc A have shown some fluctuations in recent years. As of December 31, 2021, and March 31, 2022, the company had around 104.95 days of inventory on hand. This indicates that the company's inventory turnover rate remained relatively stable during this period.

However, by March 31, 2023, the DOH increased to 133.29 days, suggesting a slower inventory turnover rate compared to the previous year. This could be indicative of potential inefficiencies in inventory management or changes in demand patterns.

Subsequently, by March 31, 2024, the DOH decreased to 113.90 days, indicating an improvement in inventory turnover efficiency. However, by March 31, 2025, the DOH increased again to 128.36 days, signaling a potential reversal in inventory management effectiveness.

Overall, fluctuations in the days of inventory on hand for Under Armour Inc A highlight the importance of closely monitoring inventory levels and turnover rates to ensure optimal operational efficiency and financial performance.