Under Armour Inc A (UAA)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,164,300 | 5,315,780 | 5,400,780 | 5,568,430 | 5,701,730 | 5,768,580 | 5,864,320 | 5,871,530 | 5,903,630 | 5,805,660 | 5,753,080 | 5,724,730 | 5,727,200 | 5,683,460 | 5,558,030 | 5,445,520 | 4,801,630 | 4,474,670 | 4,512,120 | 4,508,560 |
| Receivables | US$ in thousands | 675,822 | 615,467 | 723,042 | 684,695 | 757,339 | 691,546 | 805,197 | 695,455 | 759,860 | 700,544 | 789,087 | 693,636 | 702,197 | 569,014 | 735,779 | 639,176 | 696,287 | 527,340 | 806,916 | 568,430 |
| Receivables turnover | 7.64 | 8.64 | 7.47 | 8.13 | 7.53 | 8.34 | 7.28 | 8.44 | 7.77 | 8.29 | 7.29 | 8.25 | 8.16 | 9.99 | 7.55 | 8.52 | 6.90 | 8.49 | 5.59 | 7.93 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,164,300K ÷ $675,822K
= 7.64
The receivables turnover of Under Armour Inc A has shown some fluctuations over the period from June 30, 2020, to March 31, 2025. The turnover ratio measures how efficiently the company is able to collect outstanding receivables from its customers during a specific period.
As per the data provided, the receivables turnover ratio started at 7.93 on June 30, 2020, then decreased to 5.59 on September 30, 2020, indicating a longer collection period. The ratio improved to 8.49 on December 31, 2020, suggesting the company was collecting receivables more quickly. However, there were fluctuations in the subsequent periods, with the ratio ranging from a low of 6.90 on March 31, 2021, to a high of 9.99 on December 31, 2021.
From March 31, 2022, to June 30, 2024, the receivables turnover remained relatively stable, fluctuating between 7.77 and 8.64. Overall, a higher receivables turnover ratio is generally preferred as it indicates the company is collecting its outstanding receivables more efficiently.
It is worth noting that the data for March 31, 2025, is not available (denoted by "—"), making it difficult to provide a complete trend analysis for the most recent period. A stable and consistent receivables turnover ratio is essential for maintaining healthy cash flows and working capital management.
Peer comparison
Mar 31, 2025