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
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.