Days Inventory is also known as Days Sales of Inventory (DSI). Under Armour's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,124 Mil. Under Armour's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $815 Mil.
Hence, Under Armour's Days Inventory for the
three
months ended in Dec. 2023 was 125.85.
The historical rank and industry rank for Under Armour's Days Inventory or its related term are showing as below:
UAA'
s Days Inventory Range Over the Past 10 Years
Min: 110.42 Med: 120.07 Max: 141
Current: 139.34
During the past 13 years, Under Armour's highest Days Inventory was 141.00. The lowest was 110.42. And the median was 120.07.
Under Armour's Days Inventory
increased
from Dec. 2022 (118.70) to Dec. 2023 (125.85).
It might indicate that Under Armour's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Under Armour's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.73.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Under Armour's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.76.
Under Armour Days Inventory Historical Data
The historical data trend for Under Armour's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Under Armour's Days Inventory
For the Apparel Manufacturing subindustry, Under Armour's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Under Armour's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's Days Inventory distribution charts can be found below:
* The bar in red indicates where Under Armour's Days Inventory falls into.
Under Armour Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Under Armour's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Under Armour (NYSE:UAA) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Under Armour's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Under Armour's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Under Armour Days Inventory Related Terms
Thank you for viewing the detailed overview of Under Armour's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.
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