The historical rank and industry rank for Thor Industries's Days Inventory or its related term are showing as below:
THO'
s Days Inventory Range Over the Past 10 Years
Min: 24.47 Med: 36.35 Max: 68.58
Current: 68.58
During the past 13 years, Thor Industries's highest Days Inventory was 68.58. The lowest was 24.47. And the median was 36.35.
THO's Days Inventory is ranked better than 60.19% of 1266
companies
in the Vehicles & Parts industry
Industry Median: 80.545
vs THO: 68.58
Thor Industries's Days Inventory
declined
from Oct. 2023 (71.70) to Oct. 2024 (67.12).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Thor Industries's Inventory Turnover for the
three
months ended in Oct. 2024 was 1.36.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Thor Industries's Inventory-to-Revenue for the
three
months ended in Oct. 2024 was 0.64.
Thor Industries Days Inventory Historical Data
The historical data trend for Thor Industries's Days Inventory 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.
Competitive Comparison of Thor Industries's Days Inventory
For the Recreational Vehicles subindustry, Thor Industries's Days Inventory, along with its competitors' market caps and Days Inventory 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's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Thor Industries's Days Inventory falls into.
Thor Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Thor Industries's Days Inventory for the fiscal year that ended in Jul. 2024 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 (NYSE:THO) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Thor Industries's Inventory Turnover for the
three
months ended in Oct. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Thor Industries's Inventory to Revenue for the
three
months ended in Oct. 2024 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Thor Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Thor Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
THO has been successfully added to your 