Thor Industries's average Accounts Payable for the
three
months ended in Apr. 2022 was $1,016 Mil. Thor Industries's Cost of Goods Sold for the
three
months ended in Apr. 2022 was $3,850 Mil.
Hence, Thor Industries's Days Payable for the
three
months ended in Apr. 2022 was 24.08.
The historical rank and industry rank for Thor Industries's Days Payable or its related term are showing as below:
THO'
s Days Payable Range Over the Past 10 Years
Min: 15.68 Med: 19.1 Max: 30.76
Current: 27.53
During the past 13 years, Thor Industries's highest Days Payable was 30.76. The lowest was 15.68. And the median was 19.10.
THO's Days Payable is ranked worse than 87.65% of 1198
companies
in the Vehicles & Parts industry
Industry Median: 65.74
vs THO: 27.53
Thor Industries's Days Payable
declined
from Apr. 2021 (28.37) to Apr. 2022 (24.08).
It may suggest that Thor Industries accelerated paying its suppliers.
Thor Industries Days Payable Historical Data
The historical data trend for Thor Industries's Days Payable 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.
Thor Industries Annual Data
Trend
Jul12
Jul13
Jul14
Jul15
Jul16
Jul17
Jul18
Jul19
Jul20
Jul21
Days Payable
17.43
15.68
22.21
30.76
27.17
Thor Industries Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Days Payable
28.37
29.66
27.22
29.34
24.08
Competitive Comparison
For the Recreational Vehicles subindustry, Thor Industries's Days Payable, along with its competitors' market caps and Days Payable 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.
Thor Industries Days Payable Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Thor Industries's Days Payable falls into.
Thor Industries Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Thor Industries's Days Payable for the fiscal year that ended in Jul. 2021 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.
Thor Industries Days Payable Related Terms
Thank you for viewing the detailed overview of Thor Industries's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Thor Industries Inc is an American manufacturer of recreational vehicles through its subsidiaries. The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. The North American towable RV business segments operations by brand: Airstream, Heartland, Jayco, Keystone, and KZ. North American motorized RV does the same through the Airstream, Jayco, and Thor Motor Coach brands. Thor's European RV business consists solely of the Erwin Hymer Group, which manufactures both towable and recreational vehicles in Europe. EHG's operations include miscellaneous RV-related products and services. Across all segments, the firm distributes its RVs to independent dealers.
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