THUPY (Thule Group AB) Days Payable : 64.73 (As of Dec. 2024)

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What is Thule Group AB Days Payable?

Thule Group AB's average Accounts Payable for the three months ended in Dec. 2024 was $63.3 Mil. Thule Group AB's Cost of Goods Sold for the three months ended in Dec. 2024 was $89.2 Mil. Hence, Thule Group AB's Days Payable for the three months ended in Dec. 2024 was 64.73.

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

THUPY' s Days Payable Range Over the Past 10 Years
Min: 41.44 Med: 48.9 Max: 56.98
Current: 46.73

During the past 13 years, Thule Group AB's highest Days Payable was 56.98. The lowest was 41.44. And the median was 48.90.

THUPY's Days Payable is ranked worse than
58.22% of 754 companies
in the Travel & Leisure industry
Industry Median: 57.025 vs THUPY: 46.73

Thule Group AB's Days Payable increased from Dec. 2023 (52.24) to Dec. 2024 (64.73). It may suggest that Thule Group AB delayed paying its suppliers.

Thule Group AB Days Payable Historical Data

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.

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Thule Group AB Days Payable Chart

Thule Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.81

52.01

51.82

41.21

48.10

Thule Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															52.24	44.49	39.94	46.20	64.73

Competitive Comparison of Thule Group AB's Days Payable

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's Days Payable Distribution in the 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.

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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. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (63.27	+	67.911)	/	2 )	/	497.679	*	365
=	65.5905					/	497.679	*	365
=	48.10

Thule Group AB's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (58.657	+	67.911)	/	2 )	/	89.213	*	365 / 4
=	63.284					/	89.213	*	365 / 4
=	64.73

Thule Group AB Days Payable Related Terms

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Thule Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Thule Group AB (OTCPK:THUPY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THLPF:USA THULE:Sweden 0R3W:UK TU0:Germany

Address

Fosievagen 13, Malmo, SWE, SE- 214 31

Website

https://www.thulegroup.com

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.