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 2.84 2.54 2.60 2.67 3.20 2.84 2.80 2.45 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 128.36 143.85 140.55 136.80 113.89 128.70 130.51 148.72 133.50 140.75 130.24 119.08 104.16 104.95 110.04 116.18 127.22 141.29 163.17 185.60

March 31, 2025 calculation

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

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.