Tourism Holdings (ASX:THL) Days Payable: 55.16 (As of Dec. 2025) — 16% Above Median


ASX:THL Tourism Holdings Ltd ASX:THL
70 GF Score
Price A$2.27
GF Value A$1.84
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Tourism Holdings Days Payable?

Tourism Holdings ASX:THL +0.89% 70 Days Payable is 55.16 as of Dec. 2025, which is 16% above its 10-year median of 47.69. GuruFocus rates ASX:THL with a GF Score™ of 70/100 and a GF Value™ of A$1.84 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Tourism Holdings ranks worse than 62.76% on this metric.

Tourism Holdings's average Accounts Payable for the six months ended in Dec. 2025 was A$43.0 Mil. Tourism Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was A$142.4 Mil. Hence, Tourism Holdings's Days Payable for the six months ended in Dec. 2025 was 55.16.

The historical rank and industry rank for Tourism Holdings's Days Payable or its related term are showing as below:

ASX:THL' s Days Payable Range Over the Past 10 Years
Min: 41.76   Med: 47.69   Max: 52.38
Current: 52.38

During the past 3 years, Tourism Holdings's highest Days Payable was 52.38. The lowest was 41.76. And the median was 47.69.

ASX:THL's Days Payable is ranked worse than
62.76% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs ASX:THL: 52.38

Tourism Holdings's Days Payable declined from Dec. 2024 (65.37) to Dec. 2025 (55.16). It may suggest that Tourism Holdings accelerated paying its suppliers.


Tourism Holdings Days Payable Historical Data

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The historical data trend for Tourism Holdings'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.

Tourism Holdings Days Payable Chart

Tourism Holdings Annual Data
Trend Jun23 Jun24 Jun25
Days Payable
50.14 41.56 47.62

Tourism Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 55.07 48.85 65.37 47.98 55.16

ASX:THL vs BC, THO, PII: Days Payable Comparison

For the Recreational Vehicles subindustry, Tourism Holdings'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.


Tourism Holdings Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Days Payable falls into.


ASX:THL
70GF Score
Tourism Holdings Ltd ASX:THL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tourism Holdings 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.

Tourism Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (45.462 + 43.376) / 2 ) / 340.452*365
=44.419 / 340.452*365
=47.62

Tourism Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (43.376 + 42.674) / 2 ) / 142.361*365 / 2
=43.025 / 142.361*365 / 2
=55.16

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 55.16 mean?
Tourism Holdings (ASX:THL) has a Days Payable of 55.16 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tourism Holdings and its competitors. This is 16% above median its historical median of 47.69. Over the past decade, Tourism Holdings' Days Payable has ranged from 41.76 to 52.38. According to the industry distribution chart, Tourism Holdings ranks #824 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 62.8%.
Is Tourism Holdings' Days Payable too high?
Tourism Holdings' current Days Payable of 55.16 is 16% above median its 10-year median of 47.69. Over the past 10 years, this metric has ranged from a low of 41.76 to a high of 52.38. The Vehicles & Parts industry median Days Payable is 67.12. Tourism Holdings' value of 55.16 is 17.8% below this industry median. Based on the distribution chart, Tourism Holdings ranks #824 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tourism Holdings has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Days Payable compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #824 out of 1313 companies for Days Payable. This places Tourism Holdings in the lower half of its industry. The industry median Days Payable is 67.12. Tourism Holdings' value of 55.16 is 17.8% below this benchmark. Historically, Tourism Holdings' own Days Payable has ranged from 41.76 to 52.38 over the past decade. While the company's 10-year median is 47.69 vs. the industry median of 67.12, Tourism Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourism Holdings's current Days Payable of 55.16 is 17.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Days Payable is 55.16, which is 16% above median its own 10-year median of 47.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.84, compared to a current price of A$2.27 — trading 23.4% above its estimated fair value. The current Days Payable is 55.16, which is 16% above median its 10-year median of 47.69 and 17.8% below the Vehicles & Parts industry median of 67.12. Tourism Holdings' overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tourism Holdings (ASX:THL), the current Days Payable is 55.16 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tourism Holdings (ASX:THL) Overvalued in 2026?

Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued. The current stock price of A$2.27 is trading 23.4% above its estimated GF Value™ of A$1.84. GuruFocus considers Tourism Holdings to be Modestly Overvalued.

Key valuation signals for ASX:THL:

  • Days Payable: 55.16 (16% above median its 10-year median of 47.69)
  • GF Value™: A$1.84 vs. price of A$2.27 (23.4% above fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 17.8% below the Vehicles & Parts median (#824 of 1313)

No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tourism Holdings Business Description

Other Exchanges THL:New ZealandUCH:Germany
Address 470 Oruarangi Road, Mangere, Auckland, NTL, NZL, 2022
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
70GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.27
Price
A$1.84
GF Value