Days Inventory is also known as Days Sales of Inventory (DSI). On Holding AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $442 Mil. On Holding AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $205 Mil.
Hence, On Holding AG's Days Inventory for the
three
months ended in Dec. 2023 was 197.08.
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: 149.36 Max: 207.37
Current: 207.37
During the past 5 years, On Holding AG's highest Days Inventory was 207.37. The lowest was 131.10. And the median was 149.36.
On Holding AG's Days Inventory
increased
from Dec. 2022 (194.02) to Dec. 2023 (197.08).
It might indicate that On Holding AG's sales slowed down.
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 Dec. 2023 was 0.46.
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 Dec. 2023 was 0.86.
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.
Competitive Comparison of On Holding AG's Days Inventory
For the Footwear & Accessories 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's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories 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. 2023 is calculated as
* 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 Dec. 2023 is calculated as
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 Dec. 2023 is calculated as
* 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 (On Holding AG) Business Description
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.
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