Under Armour (Under Armour) Total Inventories : $1,104 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Under Armour Total Inventories?

Under Armour's total inventories for the quarter that ended in Dec. 2023 was $1,104 Mil. Under Armour's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,124 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Under Armour's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.75.

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 three months ended in Dec. 2023 was 125.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Under Armour's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.76.

Under Armour Total Inventories Historical Data

The historical data trend for Under Armour's Total Inventories 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 Total Inventories Chart

Under Armour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Total Inventories

Get a 7-Day Free Trial

892.26

895.97

811.41

824.46

1,190.25

Under Armour Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,217.78	1,190.25	1,320.47	1,143.87	1,104.03

Under Armour Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Under Armour (NYSE:UAA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Under Armour's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1040.09	+	0.75 * 691.546	+	0.5 * 1104.027	-	2871.486
-	0	-	0)	/	435.223
=	-1.75

2. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1123.9495	/	814.914	*	365 / 4
	=	125.85

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Under Armour's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	814.914	/	1123.9495
	=	0.73

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1123.9495	/	1486.095
	=	0.76

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Under Armour Total Inventories Related Terms

Thank you for viewing the detailed overview of Under Armour's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Under Armour (Under Armour) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Under Armour Inc (NYSE:UAA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

UA:USA UAA:Mexico 1UAA:Italy U9RA:Germany U9R:Germany U9RA:Germany U9R:Germany U1AI34:Brazil UAA:Austria

Address

1020 Hull Street, Baltimore, MD, USA, 21230

Website

https://www.underarmour.com

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