Under Armour Inc A (UAA)
Working capital 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 |
| Total current assets | US$ in thousands | — | 2,690,990 | 2,569,740 | 2,967,990 | 2,863,680 | 3,122,820 | 2,871,760 | 2,984,220 | 2,959,590 | 3,116,600 | 3,079,400 | 3,000,090 | 2,832,820 | 3,336,300 | 3,127,940 | 3,143,180 | 3,157,720 | 3,222,980 | 2,973,340 | 3,089,010 |
| Total current liabilities | US$ in thousands | — | 1,341,020 | 1,181,130 | 1,718,290 | 1,165,460 | 1,466,180 | 1,283,100 | 1,464,210 | 1,356,890 | 1,502,130 | 1,473,260 | 1,458,680 | 1,298,600 | 1,450,180 | 1,354,540 | 1,361,960 | 1,234,320 | 1,413,280 | 1,448,400 | 1,618,610 |
| Working capital turnover | — | 3.94 | 3.89 | 4.46 | 3.36 | 3.48 | 3.69 | 3.86 | 3.68 | 3.60 | 3.58 | 3.71 | 3.73 | 3.01 | 3.13 | 3.06 | 2.50 | 2.47 | 2.96 | 3.07 |
March 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $5,164,300K ÷ ($—K – $—K)
= —
The working capital turnover ratio reflects how efficiently a company is utilizing its working capital to generate sales revenue. In the case of Under Armour Inc A, the working capital turnover has fluctuated over the period analyzed.
From June 30, 2020, to September 30, 2021, the working capital turnover remained relatively stable in the range of 2.47 to 3.13, indicating that the company was generating sales revenue efficiently in relation to its working capital during this period.
There was a slight increase in the working capital turnover from March 31, 2022, reaching a peak of 4.46 on June 30, 2024. This significant improvement suggests that Under Armour Inc A became more effective in utilizing its working capital to drive sales growth.
However, it is important to note that the data for March 31, 2025, is unavailable, making it difficult to provide a complete analysis of the trend in the working capital turnover ratio beyond June 30, 2024.
Overall, the trend in Under Armour Inc A's working capital turnover indicates improvements in efficiency in utilizing working capital to generate sales revenue over the period analyzed, with a notable peak in June 30, 2024.
Peer comparison
Mar 31, 2025