Under Armour Inc A (UAA)

Days of sales outstanding (DSO)

		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	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Receivables turnover		8.64	7.47	8.13	7.53	8.34	7.28	8.44	7.77	8.61	7.60	8.33	9.99	7.55	8.52	6.90	8.49	5.59	7.93	7.47	7.43
DSO	days	42.26	48.86	44.88	48.48	43.76	50.12	43.24	46.98	42.38	48.02	43.84	36.54	48.32	42.84	52.93	43.02	65.27	46.02	48.87	49.11

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.64
= 42.26

The days of sales outstanding (DSO) for Under Armour Inc A have shown some fluctuations over the years. As of December 31, 2019, the DSO stood at 49.11 days, indicating that, on average, it took the company around 49 days to collect its accounts receivable.

Over the next few quarters, the DSO improved slightly, reaching 43.02 days by December 31, 2020. This suggests that the company was able to collect its receivables more efficiently during this period.

However, there was a significant increase in DSO by September 30, 2020, to 65.27 days, which may indicate some challenges in collecting outstanding payments from customers.

The trend improved once again, with DSO decreasing to 36.54 days by December 31, 2021, showing that the company was able to enhance its collections process.

By June 30, 2022, the DSO was at 43.84 days, indicating a slight increase compared to the previous quarter but still within a reasonable range.

The DSO continued to fluctuate over the following quarters, with some ups and downs, such as reaching 50.12 days by September 30, 2023, before dropping to 42.26 days by December 31, 2024.

Overall, the analysis of the DSO for Under Armour Inc A shows variability in the efficiency of its accounts receivable collections over the years, with some improvements and challenges observed during the period covered by the data.