Under Armour Inc A (UAA)
Days of inventory on hand (DOH)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | 2.54 | 2.60 | 2.66 | 3.20 | 2.84 | 2.80 | 2.46 | 2.73 | 2.59 | 2.80 | 3.07 | 3.50 | 3.48 | 3.32 | 3.14 | 2.87 | 2.58 | 2.24 | 1.97 | |
DOH | days | — | 143.85 | 140.57 | 136.98 | 113.90 | 128.71 | 130.50 | 148.54 | 133.50 | 140.75 | 130.24 | 119.08 | 104.16 | 104.95 | 110.04 | 116.18 | 127.22 | 141.29 | 163.17 | 185.60 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Under Armour Inc A has shown a decreasing trend from June 30, 2020, with 185.60 days, to March 31, 2024, with 113.90 days. This indicates that the company's ability to sell its inventory has improved over this period. However, there was a slight increase in DOH from March 31, 2024, to December 31, 2024, reaching 143.85 days, which could suggest potential inventory management challenges or changes in demand patterns.
Overall, it is essential for Under Armour Inc A to closely monitor its inventory levels and implement efficient inventory management strategies to optimize its working capital and ensure a healthy balance between carrying enough inventory to meet demand and avoiding excess inventory buildup.
Peer comparison
Mar 31, 2025