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On Holding AG Days Inventory

: 119.62 (As of Mar. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). On Holding AG's Average Total Inventories for the three months ended in Mar. 2022 was $160.2 Mil. On Holding AG's Cost of Goods Sold for the three months ended in Mar. 2022 was $122.2 Mil. Hence, On Holding AG's Days Inventory for the three months ended in Mar. 2022 was 119.62.

The historical rank and industry rank for On Holding AG's Days Inventory or its related term are showing as below:

ONON' s Days Inventory Range Over the Past 10 Years
Min: 131.1   Med: 134.53   Max: 154.42
Current: 154.42

During the past 3 years, On Holding AG's highest Days Inventory was 154.42. The lowest was 131.10. And the median was 134.53.

ONON's Days Inventory is ranked worse than
68.7% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 101.98 vs ONON: 154.42

On Holding AG's Days Inventory declined from Mar. 2021 (164.96) to Mar. 2022 (119.62).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. On Holding AG's Inventory Turnover for the three months ended in Mar. 2022 was 0.76.

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. On Holding AG's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.63.


On Holding AG Days Inventory Historical Data

The historical data trend for On Holding AG's Days Inventory 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.

On Holding AG Annual Data
Trend Dec19 Dec20 Dec21
Days Inventory
131.10 134.53 149.34

On Holding AG Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Inventory Premium Member Only Premium Member Only Premium Member Only 164.96 195.03 154.93 160.66 119.62

Competitive Comparison

For the Apparel Retail subindustry, On Holding AG's Days Inventory, along with its competitors' market caps and Days Inventory 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.

   

On Holding AG Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, On Holding AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where On Holding AG's Days Inventory falls into.



On Holding AG Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

On Holding AG's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (115.80144079244 + 145.68729641694) / 2 ) / 319.54940282302*365
=130.74436860469 / 319.54940282302*365
=149.34

On Holding AG's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (145.68729641694 + 174.79126318055) / 2 ) / 122.23692704971*365 / 4
=160.23927979874 / 122.23692704971*365 / 4
=119.62

* 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.


On Holding AG  (NYSE:ONON) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

On Holding AG's Inventory Turnover for the three months ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=122.23692704971 / 160.23927979874
=0.76

2. 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.

On Holding AG's Inventory to Revenue for the three months ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=160.23927979874 / 253.58403270927
=0.63

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


On Holding AG Days Inventory Related Terms

Thank you for viewing the detailed overview of On Holding AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


On Holding AG Business Description

On Holding AG logo
Traded in Other Exchanges
N/A
Address
Pfingstweidstrasse 106, Zurich, CHE, 8005
On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoe, apparel, and accessories products are designed primarily for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and rely instead on third-party suppliers and contract manufacturers.

On Holding AG Headlines

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