Calculate the A/R turnover and average collection period for 2014-2016.

				2013	2014	2015	2016
	Net Sales				3,084,370
	Gross A/R				1,329,488
	AVG. Gross A/R				331,272
	A/R Turnover
	Collection Period

 

1 Under Armour (UAA) 2 (In Thousands) 3 INCO 4 Net Revenues (Sales) ... 5 Gross Profit 6 BALANCE SHEET: 7 Accounts Receivable, Net ......................... 8 FOOTNOTES: STATEMENT: 9 Allowance for Doubtful Accounts (balance @period end) ......... ........... 10 Bad Debts Expense (for the year) ---------- 11 Write-offs (for the year) 12 Reserves for returns, allowances, markdowns & discounts (balance @period end) 13 Reserve for Sales Returns and Allowances (balance @period end) --------------- 14 Sales Returns Charged to Costs (for the year) ----------- 15 Returns processed (during the year) 16 Q1 641,607 ........ 300.690 331,299 ............ 3,400 Q2 609.654 ............ 299,952 2014 Q3 ------ 3.300 937,908 ............ 465,300 269,133 449,221 .............. ------------ 3.500 Qtrly Data NOT Disclosed . Q4 Q1 Q4 ************** ............. .. ........ ......... ....... .............. 895.201 3,084,370 804,941 783,577 1,204,109 1,170,686 3,963,313 3,963,313 1,047,702 1,000,783 1,471,573 1,305,277 4,825,335 1 446.264 1,512,206 337,664 379,053 587,160 561,670 1,865,547 480.636 477,647 698,624 583,704 2,240,611 ............ ........... YEAR 3,693 Q1 3,693 1,028 273 68.900 52,973 156.791 137.920 .. 279,835 279.835 395.917 395,917 353,406 .............. ------------ ............ . Q2 5,400 2015 Q3 5,100 551,188 .............. 6,300 Qtrly Data NOT Disclosed Q4 YEAR 433,638 433.638 . 5,930 5.930 2,951 714 94,500 ................... 72,615 145.828 www. 126,186 Q2 566.286 460.955 . 11,900 .......... 2016 Q3 34,400 713,731 622,685 622.685 ... 33,600 Qtrly Data NOT Disclosed 11,341 YEAR .......... 11,341 www............ 23,575 10,104 146.200 121.286 179.445 130,774 ........