Under Armour Inc A (UAA)
Total asset 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 |
| Total assets | US$ in thousands | 4,300,870 | 4,630,960 | 4,494,590 | 4,860,510 | 4,760,730 | 5,044,510 | 4,746,550 | 4,867,160 | 4,857,080 | 4,827,560 | 4,770,070 | 4,605,800 | 4,452,830 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 |
| Total asset turnover | 1.20 | 1.15 | 1.20 | 1.15 | 1.20 | 1.14 | 1.24 | 1.21 | 1.22 | 1.20 | 1.21 | 1.24 | 1.29 | 1.14 | 1.15 | 1.12 | 0.98 | 0.89 | 0.93 | 0.90 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,164,300K ÷ $4,300,870K
= 1.20
The total asset turnover ratio measures a company's ability to generate sales revenue from its assets. It indicates how efficiently a company is using its assets to generate sales. For Under Armour Inc A, the total asset turnover has shown fluctuating trends over the past few years.
From June 30, 2020, to March 31, 2022, the total asset turnover steadily increased from 0.90 to 1.29, indicating that the company was able to generate more sales revenue per dollar of assets during this period. This shows an improvement in asset efficiency and indicates that Under Armour was utilizing its assets more effectively to generate sales.
However, from June 30, 2022, to December 31, 2024, the total asset turnover ratio fluctuated between 1.15 and 1.24, suggesting some variability in the company's efficiency in generating sales from its assets. These fluctuations could be due to changes in the company's sales strategies, asset management practices, or overall business performance.
The total asset turnover ratio for March 31, 2025, is not available in the data provided. Without this data point, it is challenging to determine the most recent trend in asset efficiency for Under Armour Inc A.
In conclusion, the total asset turnover ratios of Under Armour Inc A have shown both periods of improvement and fluctuations over the analyzed period. It is important for stakeholders to monitor this ratio to assess the company's performance in efficiently utilizing its assets to generate sales revenue.
Peer comparison
Mar 31, 2025