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 5,400,840 5,568,530 5,701,880 5,768,730 5,864,410 5,871,580 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 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 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 ÷ $—K
= —

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.