Thor Industries (LTS:0LF8) Accounts Payable & Accrued Expense : $1,390 Mil (As of Apr. 2025)

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What is Thor Industries Accounts Payable & Accrued Expense?

Thor Industries's quarterly accounts payable & accrued expense increased from Oct. 2024 ($1,206 Mil) to Jan. 2025 ($1,248 Mil) and increased from Jan. 2025 ($1,248 Mil) to Apr. 2025 ($1,390 Mil).

Thor Industries's annual accounts payable & accrued expense declined from Jul. 2022 ($1,467 Mil) to Jul. 2023 ($1,466 Mil) and declined from Jul. 2023 ($1,466 Mil) to Jul. 2024 ($1,277 Mil).

Thor Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thor Industries's Accounts Payable & Accrued Expense 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.

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Thor Industries Accounts Payable & Accrued Expense Chart

Thor Industries Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Accounts Payable & Accrued Expense

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1,305.44

1,506.89

1,466.55

1,466.36

1,277.07

Thor Industries Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,444.53	1,277.07	1,206.31	1,247.76	1,390.04

Thor Industries Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Thor Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (LTS:0LF8) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

THO:USA TIV:Germany TIV:Germany

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 about 35 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 motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via 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 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.

Thor Industries Headlines

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