Under Armour Inc A (UAA)

Days of sales outstanding (DSO)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021	Mar 31, 2021
Receivables turnover		7.53	7.77	9.99	9.99	8.49
DSO	days	48.48	46.98	36.54	36.54	43.02

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.53
= 48.48

The Days of Sales Outstanding (DSO) for Under Armour Inc A have fluctuated over the past five years. In the most recent fiscal year ending on March 31, 2024, the DSO stood at 48.48 days, showing an increase compared to the previous year's figure of 46.98 days. However, when comparing to the DSO figures from two years ago, there has been a noticeable increase in the collection period from 36.54 days as of December 31, 2021.

The trend in DSO indicates that the company may be taking longer to collect its accounts receivable in recent years, which could potentially impact its cash flow and liquidity position. It is important for Under Armour Inc A to closely monitor and manage its DSO to ensure efficient cash conversion cycle and working capital management.