Thor Industries (STU:TIV) Change In Receivables : €24 Mil (TTM As of Jan. 2024)

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What is Thor Industries Change In Receivables?

Thor Industries's change in receivables for the quarter that ended in Jan. 2024 was €-5 Mil. It means Thor Industries's Accounts Receivable increased by €5 Mil from Oct. 2023 to Jan. 2024 .

Thor Industries's change in receivables for the fiscal year that ended in Jul. 2023 was €283 Mil. It means Thor Industries's Accounts Receivable declined by €283 Mil from Jul. 2022 to Jul. 2023 .

Thor Industries's Accounts Receivable for the quarter that ended in Jan. 2024 was €491 Mil.

Days Sales Outstanding measures of 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. Thor Industries's Days Sales Outstanding for the three months ended in Jan. 2024 was 22.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thor Industries's liquidation value for the three months ended in Jan. 2024 was €-1,518 Mil.

Thor Industries Change In Receivables Historical Data

The historical data trend for Thor Industries's Change In Receivables 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 Change In Receivables Chart

Thor Industries Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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121.44

-100.25

-198.55

38.58

283.32

Thor Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															157.56	-143.80	153.52	19.87	-5.32

Thor Industries Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €24 Mil.

Thor Industries (STU:TIV) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	490.581	/	2026.365	*	91
=	22.09

2. In Ben Graham's calculation of liquidation value, Thor Industries's accounts receivable are only considered to be worth 75% of book value:

Thor Industries's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	312.296	-	3014.009	+	0.75 * 490.581	+	0.5 * 1630.614
=	-1,518

Thor Industries Change In Receivables Related Terms

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Thor Industries (STU:TIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (STU:TIV) » Definitions » Change In Receivables

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Traded in Other Exchanges

THO:USA 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 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.

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