Under Armour Inc A (UAA)
Fixed asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,164,300 | 5,315,780 | 5,400,780 | 5,568,430 | 5,701,730 | 5,768,580 | 5,864,320 | 5,871,530 | 5,903,630 | 5,805,660 | 5,753,080 | 5,724,730 | 5,727,200 | 5,683,460 | 5,558,030 | 5,445,520 | 4,801,630 | 4,474,670 | 4,512,120 | 4,508,560 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 1,137,010 | 1,143,910 | 1,162,040 | 1,138,560 | 1,108,640 | 1,018,680 | 1,021,760 | 1,055,590 | 1,071,340 | 1,112,130 | 632,307 | 658,678 | 680,871 | 702,885 |
| Fixed asset turnover | — | — | — | — | — | — | 5.16 | 5.13 | 5.08 | 5.10 | 5.19 | 5.62 | 5.61 | 5.38 | 5.19 | 4.90 | 7.59 | 6.79 | 6.63 | 6.41 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,164,300K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate revenue from its fixed assets. A higher fixed asset turnover ratio indicates that a company is using its fixed assets more efficiently to generate sales.
Analyzing the data provided for Under Armour Inc A, we observed an increasing trend in the fixed asset turnover ratio from June 30, 2020, to March 31, 2023, demonstrating improved efficiency in utilizing its fixed assets to generate sales. The ratio improved from 6.41 on June 30, 2020, to 5.13 on June 30, 2023.
However, from June 30, 2023, to June 30, 2024, the fixed asset turnover ratio remained relatively stable around 5.10 to 5.16, indicating a plateau in the efficiency of fixed asset utilization during this period.
Notably, the fixed asset turnover ratio data is missing for the financial periods after December 31, 2023, thus limiting a more recent analysis of the company's fixed asset utilization efficiency.
Overall, the trend of the fixed asset turnover ratio for Under Armour Inc A showcases improvements in utilizing fixed assets efficiently to generate sales over the analyzed period, with a slight stabilizing effect in the more recent financial periods.
Peer comparison
Mar 31, 2025