Under Armour Inc A (UAA)
Working capital 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 |
| Total current assets | US$ in thousands | 2,329,100 | 2,863,680 | 2,959,590 | 3,336,300 | 3,336,300 |
| Total current liabilities | US$ in thousands | 1,109,140 | 1,165,460 | 1,356,890 | 1,450,180 | 1,450,180 |
| Working capital turnover | 4.23 | 3.36 | 3.68 | 3.01 | 3.01 |
March 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,164,310K ÷ ($2,329,100K – $1,109,140K)
= 4.23
The working capital turnover for Under Armour Inc A has displayed an upward trend over the years, indicating an improvement in the efficiency of its working capital management. The ratio increased from 3.01 in December 31, 2021, to 4.23 in March 31, 2025. This suggests that the company is generating more revenue relative to its working capital, which is a positive sign of effective operations. The peak value of 4.23 in March 31, 2025, reflects that for every dollar invested in working capital, the company is generating $4.23 in sales. Overall, the increasing trend in working capital turnover signifies that Under Armour Inc A is utilizing its working capital more efficiently to support its revenue generation activities.
Peer comparison
Mar 31, 2025