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Other current operating assets and liabilities
 12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Other current operating assets and liabilities
3.6 Other current operating assets and liabilities
(CHF in millions)12/31/202412/31/2023
Prepaid expenses29.0 20.8 
Indirect taxes (VAT/GST) receivables45.4 26.6 
Prepaid gift cards13.0 6.2 
Other current operating assets26.3 7.5 
Other current operating assets113.7 61.2 

(CHF in millions)12/31/202412/31/2023
Accrued expenses184.4 81.2 
Accrued personnel expenses17.1 20.0 
Indirect taxes (VAT/GST) payables42.5 24.0 
Social security payables17.1 6.7 
Other payables25.4 16.5 
Other current operating liabilities12.8 8.0 
Other current operating liabilities299.3 156.4 
Accrued expenses mainly comprise accruals for outstanding vendor invoices related to marketing, freight, customs, selling and distribution. Increase in accrued expenses is in line with higher cost of sales and selling, general and administrative expenses. Accrued personnel expenses mainly comprise accruals for costs related to bonus, vacation and participation plans.