On Holding AG (ONON) Change in Receivables (2020 - 2026)

On Holding AG (ONON) recorded quarterly Change in Receivables of $514.1 million in Q1 2026, up 527.59% quarter-over-quarter from -$120.2 million in Q4 2025, and up 470.68% on a YoY basis from $90.1 million in Q1 2025.

On Holding AG (ONON) Change in Receivables (2020 - 2026) Analysis & Trends

On Holding AG's Change in Receivables history runs 7 years deep, the most recent figure standing at $514.1 million for Q1 2026.

  • In Q1 2026, Change in Receivables rose 470.68% year-over-year to $514.1 million; the TTM figure through Mar 2026 stood at $514.1 million (up 327.91% YoY), while the FY2025 annual figure was $382.1 million, up 36.02% from the prior year.
  • Change in Receivables was $514.1 million for Q1 2026 at On Holding AG, up from -$120.2 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $514.1 million in Q1 2026 to a low of -$138.7 million in Q1 2025.
  • Historically, Change in Receivables has averaged $35.8 million across 5 years, with a median of -$28.9 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Change in Receivables sank 2512.42% in 2024, then soared 1901.1% in 2025.
  • A 5-year view of Change in Receivables shows it stood at -$81.6 million in 2022, then surged by 35.2% to -$52.9 million in 2023, then soared by 35.01% to -$34.4 million in 2024, then plunged by 249.94% to -$120.2 million in 2025, then surged by 527.59% to $514.1 million in 2026.
  • The last three Change in Receivables figures came in at $514.1 million (Q1 2026), -$120.2 million (Q4 2025), and $426.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn 350.00 Mn
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn -398.00 Mn
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn -207.95 Mn
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 165.46 Mn
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 35.57 Mn
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn -48.90 Mn
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 514.12 Mn
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn 1.20 Mn
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 16.01 Mn
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn -7.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 514.12 Mn
Mar 31, 2026 514.12 Mn
Dec 31, 2025 -120.24 Mn
Dec 31, 2025 -120.24 Mn
Sep 30, 2025 426.16 Mn
Sep 30, 2025 426.16 Mn
Jun 30, 2025 403.19 Mn
Jun 30, 2025 403.19 Mn
Mar 31, 2025 -138.70 Mn
Mar 31, 2025 -138.70 Mn
Dec 31, 2024 -34.36 Mn
Dec 31, 2024 -34.36 Mn
Sep 30, 2024 -23.66 Mn
Sep 30, 2024 -23.66 Mn
Jun 30, 2024 -28.86 Mn
Jun 30, 2024 -28.86 Mn
Mar 31, 2024 -82.37 Mn
Mar 31, 2024 -82.37 Mn
Dec 31, 2023 -52.87 Mn
Dec 31, 2023 -52.87 Mn