THLPF (Thule Group AB) Days Payable: 48.92 (As of Mar. 2026) — Near Median


THLPF Thule Group AB THLPF
78 GF Score
Price $26.82
GF Value $40.56
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Thule Group AB Days Payable?

Thule Group AB THLPF 78 Days Payable is 48.92 as of Mar. 2026, which is 3% above its 10-year median of 47.43. GuruFocus rates THLPF with a GF Score™ of 78/100 and a GF Value™ of $40.56 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 781 Travel & Leisure companies, Thule Group AB ranks worse than 55.7% on this metric.

Thule Group AB's average Accounts Payable for the three months ended in Mar. 2026 was $82 Mil. Thule Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was $152 Mil. Hence, Thule Group AB's Days Payable for the three months ended in Mar. 2026 was 48.92.

The historical rank and industry rank for Thule Group AB's Days Payable or its related term are showing as below:

THLPF' s Days Payable Range Over the Past 10 Years
Min: 41.44   Med: 47.43   Max: 56.98
Current: 48.93

During the past 13 years, Thule Group AB's highest Days Payable was 56.98. The lowest was 41.44. And the median was 47.43.

THLPF's Days Payable is ranked worse than
55.7% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.32 vs THLPF: 48.93

Thule Group AB's Days Payable increased from Mar. 2025 (46.72) to Mar. 2026 (48.92). It may suggest that Thule Group AB delayed paying its suppliers.


Thule Group AB Days Payable Historical Data

* Premium members only.

The historical data trend for Thule Group AB'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.

Thule Group AB Days Payable Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.01 51.82 41.21 48.10 41.10

Thule Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.72 39.18 47.84 55.92 48.92

THLPF vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Thule Group AB'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.


Thule Group AB Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Thule Group AB's Days Payable falls into.


THLPF
78GF Score
Thule Group AB THLPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB 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.

Thule Group AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (67.911 + 68.65) / 2 ) / 606.338*365
=68.2805 / 606.338*365
=41.10

Thule Group AB's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (68.65 + 94.664) / 2 ) / 152.299*365 / 4
=81.657 / 152.299*365 / 4
=48.92

* 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 48.92 mean?
Thule Group AB (THLPF) has a Days Payable of 48.92 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thule Group AB and its competitors. This is near median its historical median of 47.43. Over the past decade, Thule Group AB's Days Payable has ranged from 41.44 to 56.98. According to the industry distribution chart, Thule Group AB ranks #435 out of 781 companies in the Travel & Leisure industry, placing it in the top 55.7%.
Is Thule Group AB's Days Payable too high?
Thule Group AB's current Days Payable of 48.92 is near median its 10-year median of 47.43. Over the past 10 years, this metric has ranged from a low of 41.44 to a high of 56.98. The Travel & Leisure industry median Days Payable is 56.32. Thule Group AB's value of 48.92 is 13.1% below this industry median. Based on the distribution chart, Thule Group AB ranks #435 out of 781 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Thule Group AB has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #435 out of 781 companies for Days Payable. This places Thule Group AB in the lower half of its industry. The industry median Days Payable is 56.32. Thule Group AB's value of 48.92 is 13.1% below this benchmark. Historically, Thule Group AB's own Days Payable has ranged from 41.44 to 56.98 over the past decade. While the company's 10-year median is 47.43 vs. the industry median of 56.32, Thule Group AB 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 781 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. Thule Group AB's current Days Payable of 48.92 is 13.1% 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 Thule Group AB and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Days Payable is 48.92, which is near median its own 10-year median of 47.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Based on GuruFocus' analysis, Thule Group AB (THLPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.56, compared to a current price of $26.82 — trading 33.9% below its estimated fair value. The current Days Payable is 48.92, which is near median its 10-year median of 47.43 and 13.1% below the Travel & Leisure industry median of 56.32. Thule Group AB's overall GF Score™ is 78/100 with 3 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 Thule Group AB (THLPF), the current Days Payable is 48.92 as of Mar. 2026. 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 Thule Group AB (THLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of $26.82 is trading 33.9% below its estimated GF Value™ of $40.56. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for THLPF:

  • Days Payable: 48.92 (near median its 10-year median of 47.43)
  • GF Value™: $40.56 vs. price of $26.82 (33.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 13.1% below the Travel & Leisure median (#435 of 781)

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


Thule Group AB Business Description

Address Dockgatan 1, Malmo, SWE, SE-211 12
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
78GF Score

Get the complete analysis for THLPF

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

$26.82
Price
$40.56
GF Value