Under Armour Inc A (UAA)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.26 | 4.25 | 5.11 | 4.28 | 6.35 | 4.48 | 5.90 | 4.54 | 5.01 | 4.27 | 4.05 | 4.37 | 5.16 | 4.60 | 5.21 | 4.51 | 4.98 | 4.02 | 3.67 | 3.55 | |
| Number of days of payables | days | 58.35 | 85.89 | 71.50 | 85.28 | 57.48 | 81.54 | 61.88 | 80.43 | 72.80 | 85.38 | 90.09 | 83.50 | 70.79 | 79.33 | 70.00 | 80.90 | 73.31 | 90.83 | 99.32 | 102.87 |
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 fluctuated over the given periods, reflecting changes in the company's payment terms to its suppliers. The metric measures how long, on average, the company takes to pay its suppliers.
From June 30, 2020, to December 31, 2020, the number of days of payables decreased from 102.87 days to 90.83 days. This suggests the company may have been able to negotiate better payment terms or improved its cash flow management during this period.
Subsequently, there was a fluctuation in the metric, with a low of 57.48 days on March 31, 2024, and a high of 90.09 days on September 30, 2022. A lower number of days indicates that the company is paying its suppliers more quickly, which could impact cash flows positively but may strain liquidity.
Overall, the trend in the number of days of payables for Under Armour Inc A indicates some variability in the company's payment practices and supplier relationships over the analyzed period. Tracking this metric can provide insights into the company's working capital management and financial health.
Peer comparison
Mar 31, 2025