Under Armour Inc A (UAA)
Number of days of payables
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 6.26 | 6.35 | 5.02 | 4.60 | 4.60 | |
| Number of days of payables | days | 58.35 | 57.48 | 72.69 | 79.33 | 79.33 |
March 31, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.26
= 58.35
The number of days of payables for Under Armour Inc A has shown a decreasing trend over the years, indicating a more efficient management of its accounts payable. As of March 31, 2025, the company was taking approximately 58.35 days to pay its suppliers, down from 79.33 days as of December 31, 2021. This suggests that Under Armour Inc A has been able to negotiate more favorable payment terms with its suppliers or streamline its payment processes. A lower number of days of payables can also reflect better cash flow management and liquidity. Overall, the decreasing trend in the days of payables is a positive indicator of the company's financial health and operational efficiency.
Peer comparison
Mar 31, 2025