Thor Industries (FRA:TIV) Days Sales Outstanding

: 22.75 (As of Jan. 2024)

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Thor Industries's average Accounts Receivable for the three months ended in Jan. 2024 was €505 Mil. Thor Industries's Revenue for the three months ended in Jan. 2024 was €2,026 Mil. Hence, Thor Industries's Days Sales Outstanding for the three months ended in Jan. 2024 was 22.75.

The historical rank and industry rank for Thor Industries's Days Sales Outstanding or its related term are showing as below:

FRA:TIV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.41 Med: 22.4 Max: 25.66
Current: 20.62

During the past 13 years, Thor Industries's highest Days Sales Outstanding was 25.66. The lowest was 18.41. And the median was 22.40.

FRA:TIV's Days Sales Outstanding is ranked better than
85.84% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.71 vs FRA:TIV: 20.62

Thor Industries's Days Sales Outstanding declined from Jan. 2023 (27.07) to Jan. 2024 (22.75).

Thor Industries Days Sales Outstanding Historical Data

The historical data trend for Thor Industries's Days Sales Outstanding 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

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

21.51

24.10

20.76

17.17

24.07

Thor Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding																27.07	20.47	21.36	19.48	22.75

Competitive Comparison

For the Recreational Vehicles subindustry, Thor Industries's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Thor Industries's Days Sales Outstanding falls into.

Thor Industries Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Thor Industries's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (834.384	+	491.654)	/	2 )	/	10053.931	*	365
=	663.019					/	10053.931	*	365
=	24.07

Thor Industries's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (519.714	+	490.581)	/	2 )	/	2026.365	*	365 / 4
=	505.1475					/	2026.365	*	365 / 4
=	22.75

Thor Industries (FRA:TIV) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Thor Industries Days Sales Outstanding Related Terms

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Thor Industries (FRA:TIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (FRA:TIV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

THO:USA

Address

601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305

Website

https://www.thorindustries.com

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.

Thor Industries (FRA:TIV) Headlines

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