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Under Armour (Under Armour) Change In Receivables : $-7 Mil (TTM As of Dec. 2023)


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What is Under Armour Change In Receivables?

Under Armour's change in receivables for the quarter that ended in Dec. 2023 was $109 Mil. It means Under Armour's Accounts Receivable declined by $109 Mil from Sep. 2023 to Dec. 2023 .

Under Armour's change in receivables for the fiscal year that ended in Mar. 2023 was $-62 Mil. It means Under Armour's Accounts Receivable increased by $62 Mil from Mar. 2022 to Mar. 2023 .

Under Armour's Accounts Receivable for the quarter that ended in Dec. 2023 was $692 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Under Armour's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Under Armour's liquidation value for the three months ended in Dec. 2023 was $-761 Mil.


Under Armour Change In Receivables Historical Data

The historical data trend for Under Armour's Change In Receivables 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.

* Premium members only.

Under Armour Change In Receivables Chart

Under Armour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.45 167.61 -31.15 - -62.16

Under Armour Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.36 -63.19 63.06 -115.78 108.63

Under Armour Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7 Mil.

* 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) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Under Armour's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=691.546/1486.095*91
=42.46

2. In Ben Graham's calculation of liquidation value, Under Armour's accounts receivable are only considered to be worth 75% of book value:

Under Armour's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1040.09-2871.486+0.75 * 691.546+0.5 * 1104.027
=-761

* 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 Change In Receivables Related Terms

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Under Armour (Under Armour) Business Description

Address
1020 Hull Street, Baltimore, MD, USA, 21230
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.
Executives
Shawn Curran officer: Chief Supply Chain Officer 1020 HULL STREET, BALTIMORE MD 21230
James A Dausch officer: Chief Consumer Officer 1020 HULL STREET, BALTIMORE MD 21230
Stephanie Linnartz director, officer: President & CEO 10400 FERNWOOD ROAD, BETHESDA MD 20817
Carolyn Everson director C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Patrick Whitesell director 11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Mehri Shadman officer: Chief Legal Officer 1020 HULL STREET, BALTIMORE MD 21230
David Baxter officer: President, Americas 1415 MURFREESBORO ROAD, GENESCO INC., NASHVILLE TN 37217
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Westley Moore director 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
David Bergman officer: Chief Financial Officer 1020 HULL STREET, BALTIMORE MD 21230
Aditya Maheshwari officer: Chief Accounting Officer 1020 HULL STREET, BALTIMORE MD 21230
Lisa K. Collier officer: Chief Product Officer 1020 HULL STREET, BALTIMORE MD 21230
Browne Colin officer: Chief Operating Officer 1020 HULL STREET, BALTIMORE MD 21230
Tchernavia Rocker officer: Chief Administrative Officer 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53202
Stephanie L. Pugliese officer: President, Americas 170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508