Under Armour Inc A (UAA)
Inventory 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 | ||
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Cost of revenue (ttm) | US$ in thousands | 2,689,566 | 2,792,486 | 2,871,516 | 2,983,340 | 3,071,626 | 3,130,914 | 3,199,376 | 3,244,712 | 3,254,296 | 3,158,068 | 3,027,964 | 2,925,341 | 2,889,194 | 2,821,967 | 2,778,839 | 2,768,112 | 2,443,870 | 2,314,572 | 2,364,126 | 2,356,983 |
Inventory | US$ in thousands | — | 1,100,530 | 1,105,880 | 1,119,600 | 958,495 | 1,104,030 | 1,143,870 | 1,320,470 | 1,190,250 | 1,217,780 | 1,080,420 | 954,394 | 824,455 | 811,410 | 837,740 | 881,117 | 851,829 | 895,974 | 1,056,840 | 1,198,510 |
Inventory turnover | — | 2.54 | 2.60 | 2.66 | 3.20 | 2.84 | 2.80 | 2.46 | 2.73 | 2.59 | 2.80 | 3.07 | 3.50 | 3.48 | 3.32 | 3.14 | 2.87 | 2.58 | 2.24 | 1.97 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,689,566K ÷ $—K
= —
Inventory turnover is a key financial ratio that measures the efficiency at which a company manages its inventory. It indicates how many times during a specific period the company's inventory was sold and restocked. For Under Armour Inc A, the inventory turnover has shown fluctuating trends over the years:
- The inventory turnover ratio increased from 1.97 on June 30, 2020, to a peak of 3.50 on March 31, 2022, indicating an improvement in inventory management efficiency during this period.
- The trend continued to be positive until June 30, 2023, where the ratio declined to 2.46, possibly suggesting a slower rate of inventory turnover.
- The ratio increased again to 3.20 on March 31, 2024, before decreasing to 2.60 by September 30, 2024, and further dipping to 2.54 on December 31, 2024.
While the data for March 31, 2025, is not provided, the fluctuating trend in inventory turnover for Under Armour Inc A indicates the company's varying ability to efficiently manage its inventory levels. A higher inventory turnover ratio generally signifies effective inventory management, whereas a lower ratio may indicate overstocking or slow-moving inventory. Further analysis of the company's operational and supply chain management practices could provide insights into the driving factors behind these fluctuations.
Peer comparison
Mar 31, 2025
Mar 31, 2025