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Thor Industries Days Payable

: 24.08 (As of Apr. 2022)
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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
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

Days Payable (A: Jul. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2020 ) + Accounts Payable (A: Jul. 2021 )) / count ) / Cost of Goods Sold (A: Jul. 2021 )*Days in Period
=( (636.506 + 915.045) / 2 ) / 10422.407*365
=775.7755 / 10422.407*365
=27.17

Thor Industries's Days Payable for the quarter that ended in Apr. 2022 is calculated as:

Days Payable (Q: Apr. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2022 ) + Accounts Payable (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (1002.636 + 1029.3) / 2 ) / 3850.072*365 / 4
=1015.968 / 3850.072*365 / 4
=24.08

* 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 Business Description

Thor Industries logo
Traded in Other Exchanges
Address
601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305
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.
Executives
Gasper Trevor Q. officer: VP, General Counsel and Sec. 601 EAST BEARDSLEY AVE. ELKHART IN 46514
Hennington Christina director 1000 NICOLLET MALL MINNEAPOLIS MN 55403
Hurd Laurel director C/O NEWELL BRANDS INC. 6655 PEACHTREE DUNWOODY ROAD ATLANTA GA 30328
Kelley William J. Jr director USG CORPORATION 550 WEST ADAMS STREET CHICAGO IL 60661
Hjelmaker Josef officer: Chief Innovation Officer C/O THOR INDUSTRIES, INC. 601 E. BEARDSLEY AVE. ELKHART IN 46514-3305
James Troy officer: SVP International Operations C/O THOR INDUSTRIES, INC. 601 EAST BEARDSLEY AVENUE ELKHART IN 46514-3305
Huntington Amelia director C/O THOR INDUSTRIES, INC. 601 EAST BEARDSLEY AVE. ELKHART IN 46514-3305
Klein Christopher J director 520 LAKE COOK ROAD DEERFIELD IL 60015
Ziemer James L director C/O HARLEY DAVIDSON 3700 W. JUNEAU AVE MILWAUKEE WI 53208
Siegel Alan director C/O THE WET SEAL, INC. 26972 BURBANK FOOTHILL RANCH CA 92610
Kosowsky J Allen director C/O THOR INDUSTRIES, INC. 419 WEST PIKE STREET JACKSON CENTER OH 45334-0629
Suwinski Jan director 9450 SEWARD RD C/O OHIO CASUALTY GROUP FAIRFIELD OH 45014
Zuhl Colleen A officer: VP & Chief Financial Officer PO BOX 3300 ELKHART IN 46515
Woelfer W. Todd officer: Sr. VP, Gen Counsel & Sec. PO BOX 3300 ELKHART IN 46515
Graves Andrew E director BRUNSWICK CORPORATION 1 N FIELD COURT LAKE FOREST IL 60045

Thor Industries Headlines

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