Under Armour Inc A (UAA)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,164,310 | 5,701,880 | 5,903,160 | 5,683,470 | 5,683,470 |
| Receivables | US$ in thousands | 675,822 | 757,339 | 759,860 | 569,014 | 569,014 |
| Receivables turnover | 7.64 | 7.53 | 7.77 | 9.99 | 9.99 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,164,310K ÷ $675,822K
= 7.64
The receivables turnover ratio of Under Armour Inc A has shown a consistent trend over the past few years. For the fiscal year ending in March 2025, the receivables turnover ratio stood at 7.64, reflecting the company's ability to collect outstanding receivables approximately 7.64 times during the year. This indicates that the company is efficient in converting its credit sales into cash.
Although there was a slight decline from the previous year's ratio of 7.77, it is still in a reasonable range. It is important for the company to monitor this ratio closely to ensure that it maintains an optimal balance between sales on credit and prompt collection of receivables. Overall, the trend in the receivables turnover ratio suggests that Under Armour Inc A has been effectively managing its accounts receivable turnover in recent years.
Peer comparison
Mar 31, 2025