On Holding AG (On Holding AG) Days Sales Outstanding

: 46.10 (As of Dec. 2023)

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On Holding AG's average Accounts Receivable for the three months ended in Dec. 2023 was $261 Mil. On Holding AG's Revenue for the three months ended in Dec. 2023 was $517 Mil. Hence, On Holding AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.10.

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

ONON' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.36 Med: 38.49 Max: 56.6
Current: 45.59

During the past 5 years, On Holding AG's highest Days Sales Outstanding was 56.60. The lowest was 37.36. And the median was 38.49.

ONON's Days Sales Outstanding is ranked better than
59.11% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.92 vs ONON: 45.59

On Holding AG's Days Sales Outstanding increased from Dec. 2022 (42.95) to Dec. 2023 (46.10).

On Holding AG Days Sales Outstanding Historical Data

The historical data trend for On Holding AG's Days Sales Outstanding 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

Dec22

Dec23

Days Sales Outstanding

56.60

38.23

38.49

41.07

37.36

On Holding AG Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											42.95	44.73	49.78	48.37	46.10

Competitive Comparison

For the Footwear & Accessories subindustry, On Holding AG's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, On Holding AG's Days Sales Outstanding distribution charts can be found below:

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

On Holding AG Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

On Holding AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (187.419	+	236.818)	/	2 )	/	2072.271	*	365
=	212.1185					/	2072.271	*	365
=	37.36

On Holding AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (285.571	+	236.818)	/	2 )	/	516.998	*	365 / 4
=	261.1945					/	516.998	*	365 / 4
=	46.10

On Holding AG (NYSE:ONON) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

On Holding AG Days Sales Outstanding Related Terms

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On Holding AG (On Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » On Holding AG (NYSE:ONON) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forrlibuckstrasse 190, Zurich, CHE, 8005

Website

https://www.on-running.com

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. Geographically, it derives a majority of its revenue from North America.