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On Holding AG Days Payable

: 35.77 (As of Mar. 2022)
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On Holding AG's average Accounts Payable for the three months ended in Mar. 2022 was $47.9 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 Payable for the three months ended in Mar. 2022 was 35.77.

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

ONON' s Days Payable Range Over the Past 10 Years
Min: 48.31   Med: 52.99   Max: 56.29
Current: 56.29

During the past 3 years, On Holding AG's highest Days Payable was 56.29. The lowest was 48.31. And the median was 52.99.

ONON's Days Payable is ranked worse than
51.25% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 58.47 vs ONON: 56.29

On Holding AG's Days Payable declined from Mar. 2021 (66.61) to Mar. 2022 (35.77). It may suggest that On Holding AG accelerated paying its suppliers.


On Holding AG Days Payable Historical Data

The historical data trend for On Holding AG'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.

* Premium members only.

On Holding AG Annual Data
Trend Dec19 Dec20 Dec21
Days Payable
48.31 52.99 55.19

On Holding AG Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Payable Premium Member Only Premium Member Only Premium Member Only 66.61 100.12 66.67 55.23 35.77

Competitive Comparison

For the Apparel Retail subindustry, On Holding AG'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.

   

On Holding AG Days Payable Distribution

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

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



On Holding AG 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.

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

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (46.761593876632 + 49.879478827362) / 2 ) / 319.54940282302*365
=48.320536351997 / 319.54940282302*365
=55.19

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

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (49.879478827362 + 45.957607058317) / 2 ) / 122.23692704971*365 / 4
=47.918542942839 / 122.23692704971*365 / 4
=35.77

* 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 Days Payable Related Terms

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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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