THO (Thor Industries) Inventories, Work In Process: $331 Mil (As of Apr. 2026)


THO Thor Industries Inc THO
73 GF Score
Price $78.83
GF Value $96.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thor Industries Inventories, Work In Process?

Thor Industries THO +4.42% 73 Inventories, Work In Process is $331 Mil as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $96.22 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Thor Industries's work in process for the quarter that ended in Apr. 2026 was $331 Mil.

Thor Industries Inventories, Work In Process Historical Data

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The historical data trend for Thor Industries's Inventories, Work In Process 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.

Thor Industries Inventories, Work In Process Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.59 397.50 313.01 261.04 269.28

Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Inventories, Work In Process 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 302.80 269.28 283.71 319.18 331.27
THO
73GF Score
Thor Industries Inc THO
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Industries Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $331 Mil mean?
Thor Industries (THO) has a Inventories, Work In Process of $331 Mil as of Apr. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Thor Industries and its competitors.
Is Thor Industries' Inventories, Work In Process too high?
Thor Industries' current Inventories, Work In Process is $331 Mil. Overall, Thor Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thor Industries' Inventories, Work In Process compare to PII and PATK?
Thor Industries' Inventories, Work In Process of $331 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Vehicles & Parts company?
A good Inventories, Work In Process depends on the Vehicles & Parts industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Thor Industries and its competitors. Thor Industries's current Inventories, Work In Process is $331 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Industries stock overvalued right now?
Based on GuruFocus' analysis, Thor Industries (THO) is currently considered Modestly Undervalued. The stock's GF Value™ is $96.22, compared to a current price of $78.83 — trading 18.1% below its estimated fair value. The current Inventories, Work In Process is $331 Mil. Thor Industries' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Thor Industries (THO), the current Inventories, Work In Process is $331 Mil as of Apr. 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 Thor Industries (THO) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Industries stock appears to be undervalued. The current stock price of $78.83 is trading 18.1% below its estimated GF Value™ of $96.22. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

  • Inventories, Work In Process: $331 Mil
  • GF Value™: $96.22 vs. price of $78.83 (18.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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

Thor Industries Business Description

Other Exchanges 0LF8:UKTIV:Germany
Address 52700 Independence Court, Elkhart, IN, USA, 46514-8155
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 accounted for less than 10% of fiscal 2025 total sales. In fiscal 2025, the company wholesaled 181,388 units and generated $9.6 billion in revenue.
73GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.83
Price
$96.22
GF Value