Under Armour (BSP:U1AI34) Days Payable : 80.58 (As of Sep. 2024)

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What is Under Armour Days Payable?

Under Armour's average Accounts Payable for the three months ended in Sep. 2024 was R$3,437 Mil. Under Armour's Cost of Goods Sold for the three months ended in Sep. 2024 was R$3,892 Mil. Hence, Under Armour's Days Payable for the three months ended in Sep. 2024 was 80.58.

The historical rank and industry rank for Under Armour's Days Payable or its related term are showing as below:

BSP:U1AI34' s Days Payable Range Over the Past 10 Years
Min: 36.44 Med: 67.69 Max: 94.16
Current: 75.91

During the past 13 years, Under Armour's highest Days Payable was 94.16. The lowest was 36.44. And the median was 67.69.

BSP:U1AI34's Days Payable is ranked better than
65.13% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs BSP:U1AI34: 75.91

Under Armour's Days Payable increased from Sep. 2023 (69.38) to Sep. 2024 (80.58). It may suggest that Under Armour delayed paying its suppliers.

Under Armour Days Payable Historical Data

The historical data trend for Under Armour's Days Payable 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.

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Under Armour Days Payable Chart

Under Armour Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Mar24

Days Payable

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84.30

73.55

66.29

69.04

Under Armour Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															69.38	69.76	72.97	84.14	80.58

Competitive Comparison of Under Armour's Days Payable

For the Apparel Manufacturing subindustry, Under Armour's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's Days Payable distribution charts can be found below:

* The bar in red indicates where Under Armour's Days Payable falls into.

Under Armour Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Under Armour's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (3377.704	+	2408.884)	/	2 )	/	15296.083	*	365
=	2893.294					/	15296.083	*	365
=	69.04

Under Armour's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3759.406	+	3115.467)	/	2 )	/	3892.47	*	365 / 4
=	3437.4365					/	3892.47	*	365 / 4
=	80.58

Under Armour Days Payable Related Terms

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Under Armour Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Under Armour Inc (BSP:U1AI34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UA:USA UAA:USA UAA:Mexico 1UAA:Italy 0LIK:UK 0R2I:UK U9RA:Germany U9R:Germany U9RA:Germany U9R:Germany UAC:Austria 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 elsewhere. 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 and is led by controlling shareholder Kevin Plank.

Under Armour Headlines

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