Under Armour Inc A (UAA)

Days of sales outstanding (DSO)

		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
Receivables turnover		7.64	8.64	7.47	8.13	7.53	8.34	7.28	8.44	7.77	8.29	7.29	8.25	8.16	9.99	7.55	8.52	6.90	8.49	5.59	7.93
DSO	days	47.77	42.26	48.87	44.88	48.48	43.76	50.12	43.23	46.98	44.04	50.06	44.23	44.75	36.54	48.32	42.84	52.93	43.02	65.27	46.02

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.64
= 47.77

Days of Sales Outstanding (DSO) is a financial metric that measures the average number of days a company takes to collect payment after making a sale. A lower DSO indicates that the company is efficient at collecting its accounts receivable, while a higher DSO may imply potential issues with the company's cash flow and collections process.

Analyzing the trend of Under Armour Inc A's DSO over the specified period reveals fluctuations in the collection efficiency of the company. From June 30, 2020, to March 31, 2025, the DSO ranged from a low of 36.54 days to a high of 65.27 days. Notably, the DSO decreased from September 30, 2020, to December 31, 2021, suggesting improved efficiency in collecting receivables.

The lowest DSO of 36.54 days was recorded on December 31, 2021, indicating that Under Armour Inc A was collecting payments more quickly at that time. On the other hand, the highest DSO of 65.27 days occurred on September 30, 2020, possibly indicating delays in collecting receivables during that period.

Overall, a downward trend in DSO is generally positive, as it signifies improved working capital management and liquidity. However, fluctuations in DSO should be further investigated to determine the underlying reasons for changes in the collection process and to ensure sustainable cash flow management.