Under Receivables Turnover from 2010 to 2024

UA Stock  USD 6.36  0.06  0.95%   
Under Armour's Receivables Turnover is decreasing over the years with slightly volatile fluctuation. Receivables Turnover is expected to dwindle to 6.70. From 2010 to 2024 Under Armour Receivables Turnover quarterly data regression line had arithmetic mean of  8.98 and r-squared of  0.20. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
9.98827094
Current Value
6.7
Quarterly Volatility
1.48873111
 
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 main balance sheet or income statement drivers, such as Total Revenue of 7.1 B, Gross Profit of 3.2 B or Other Operating Expenses of 6.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 2.0E-4 or PTB Ratio of 3.82. Under financial statements analysis is a perfect complement when working with Under Armour Valuation or Volatility modules.
  
This module can also supplement Under Armour's financial leverage analysis and stock options assessment as well as various Under Armour Technical models . Check out the analysis of Under Armour Correlation against competitors.

Latest Under Armour's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Under Armour C over the last few years. It is Under Armour's Receivables 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.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Under Receivables Turnover Regression Statistics

Arithmetic Mean8.98
Geometric Mean8.86
Coefficient Of Variation16.58
Mean Deviation1.31
Median8.49
Standard Deviation1.49
Sample Variance2.22
Range4.4075
R-Value(0.45)
Mean Square Error1.90
R-Squared0.20
Significance0.09
Slope(0.15)
Total Sum of Squares31.03

Under Receivables Turnover History

2024 6.7
2021 9.99
2020 8.49
2019 7.43
2018 7.96
2017 8.16
2016 7.72

About Under Armour Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Under Armour income statement, its balance sheet, and the statement of cash flows. Under Armour investors use historical funamental indicators, such as Under Armour's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Under Armour investors may use each financial statement separately, they are all related. The changes in Under Armour's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Under Armour's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Under Armour Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Under Armour. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 9.99  6.70 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Under Armour C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Under Armour C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour C Stock:
Check out the analysis of Under Armour Correlation against competitors.
Note that the Under Armour C information on this page should be used as a complementary analysis to other Under Armour's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Under Stock analysis

When running Under Armour's price analysis, check to measure Under Armour's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Under Armour is operating at the current time. Most of Under Armour's value examination focuses on studying past and present price action to predict the probability of Under Armour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Under Armour's price. Additionally, you may evaluate how the addition of Under Armour to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Commodity Directory
Find actively traded commodities issued by global exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Is Under Armour's industry 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
(0.04)
Earnings Share
0.89
Revenue Per Share
13.038
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0346
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.