Under Inventory Turnover from 2010 to 2024

UA Stock  USD 8.72  0.29  3.44%   
Under Armour's Inventory Turnover is increasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is expected to go to 3.48 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
3.20463435
Current Value
3.47785583
Quarterly Volatility
0.35439429
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Under Armour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Under Armour's main balance sheet or income statement drivers, such as Interest Expense of 15.1 M, Total Revenue of 3.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 3.0E-4 or PTB Ratio of 4.61. Under financial statements analysis is a perfect complement when working with Under Armour Valuation or Volatility modules.
  
Check out the analysis of Under Armour Correlation against competitors.

Latest Under Armour's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Under Armour C over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Under Armour's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Under Armour's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Under Inventory Turnover Regression Statistics

Arithmetic Mean2.85
Geometric Mean2.83
Coefficient Of Variation12.43
Mean Deviation0.28
Median2.80
Standard Deviation0.35
Sample Variance0.13
Range1.1356
R-Value0.57
Mean Square Error0.09
R-Squared0.33
Significance0.02
Slope0.05
Total Sum of Squares1.76

Under Inventory Turnover History

2023 3.2
2021 3.48
2020 2.58
2019 3.13
2018 2.8
2017 2.36
2016 2.82

About Under Armour Financial Statements

Under Armour stakeholders use historical fundamental indicators, such as Under Armour's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Under Armour investors may analyze each financial statement separately, they are all interrelated. For example, changes in Under Armour's assets and liabilities are reflected in the revenues and expenses on Under Armour's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Under Armour C. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 3.20  3.48 

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Check out the analysis of Under Armour Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Under Armour. If investors know Under will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Under Armour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Under Armour's market value can be influenced by many factors that don't directly affect Under Armour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.