ONON (On Holding AG) Inventories, Other: $-32 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ONON On Holding AG ONON
81 GF Score
Price $27.32
GF Value $65.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is On Holding AG Inventories, Other?

On Holding AG ONON +0.22% 81 Inventories, Other is $-32 Mil as of Jun. 2026. GuruFocus rates ONON with a GF Score™ of 81/100 and a GF Value™ of $65.70 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Other inventories including goods for resale, stocks in transit, consignment stocks, etc. On Holding AG's other inventories for the quarter that ended in Jun. 2026 was $-32 Mil.

On Holding AG's quarterly other inventories increased from Dec. 2025 ($-32 Mil) to Mar. 2026 ($505 Mil) but then declined from Mar. 2026 ($505 Mil) to Jun. 2026 ($-32 Mil).

On Holding AG's annual other inventories declined from Dec. 2023 ($-9 Mil) to Dec. 2024 ($-34 Mil) but then increased from Dec. 2024 ($-34 Mil) to Dec. 2025 ($-32 Mil).


On Holding AG Inventories, Other Historical Data

* Premium members only.

The historical data trend for On Holding AG's Inventories, Other 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.

On Holding AG Inventories, Other Chart

On Holding AG Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Other
Get a 7-Day Free Trial -0.98 -0.97 -8.79 -33.99 -32.06

On Holding AG Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Other Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -57.16 478.35 -32.06 505.26 -32.11
ONON
81GF Score
On Holding AG ONON
Inventories, Other is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

On Holding AG Inventories, Other Calculation

Other inventories including goods for resale, stocks in transit, consignment stocks, etc.

Frequently Asked Questions Learn more about Inventories, Other →
What does a Inventories, Other of $-32 Mil mean?
On Holding AG (ONON) has a Inventories, Other of $-32 Mil as of Jun. 2026. Other inventories a company records on its balance sheet, like goods for resale and stocks in transit. View historical data on On Holding AG and its competitors.
Is On Holding AG's Inventories, Other too high?
On Holding AG's current Inventories, Other is $-32 Mil. Overall, On Holding AG has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does On Holding AG's Inventories, Other compare to DECK and BIRK?
On Holding AG's Inventories, Other of $-32 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Other for a Manufacturing - Apparel & Accessories company?
A good Inventories, Other depends on the Manufacturing - Apparel & Accessories industry context. However, Inventories, Other should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Other mean?
A high Inventories, Other can signal that a stock is expensive relative to its fundamentals. Other inventories a company records on its balance sheet, like goods for resale and stocks in transit. View historical data on On Holding AG and its competitors. On Holding AG's current Inventories, Other is $-32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On Holding AG stock overvalued right now?
Based on GuruFocus' analysis, On Holding AG (ONON) is currently considered Significantly Undervalued. The stock's GF Value™ is $65.70, compared to a current price of $27.32 — trading 58.4% below its estimated fair value. The current Inventories, Other is $-32 Mil. On Holding AG's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Other calculated?
Inventories, Other is calculated from a company's financial statements. For On Holding AG (ONON), the current Inventories, Other is $-32 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is On Holding AG (ONON) Overvalued in 2026?

Based on GuruFocus' analysis, On Holding AG stock appears to be undervalued. The current stock price of $27.32 is trading 58.4% below its estimated GF Value™ of $65.70. GuruFocus considers On Holding AG to be Significantly Undervalued.

Key valuation signals for ONON:

  • Inventories, Other: $-32 Mil
  • GF Value™: $65.70 vs. price of $27.32 (58.4% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the ONON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


On Holding AG Business Description

Address Forrlibuckstrasse 190, Zurich, CHE, 8005
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles. On also produces athletic apparel (6% of 2025 sales) and accessories (1%). The firm's merchandise is available in more than 80 countries and is sold through both wholesale (58% of sales) and company-owned channels (42%). In 2025, On generated 58% of its sales in North America, 25% in Europe, the Middle East, and Africa, and 17% in the Asia-Pacific region.
81GF Score

Get the complete analysis for ONON

Inventories, Other is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.32
Price
$65.70
GF Value