Winnebago Industries Inc (WGO)
Days of inventory on hand (DOH)
| Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.80 | 8.33 | 9.44 | 12.31 | 8.35 | |
| DOH | days | 53.70 | 43.81 | 38.66 | 29.65 | 43.74 |
August 26, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.80
= 53.70
To analyze Winnebago Industries, Inc.'s days of inventory on hand (DOH) over the five-year period, we can see a trend of increasing DOH from 2019 to 2023. The DOH has risen from 43.74 days in 2019 to 59.14 days in 2023. This suggests that the company is holding inventory for a longer period, which may indicate inefficiencies in inventory management or challenges in selling products in a timely manner. It's important for the company to monitor and potentially optimize its inventory management to ensure that it doesn't tie up excess funds in inventory and to mitigate the risk of obsolescence.
Peer comparison
Aug 26, 2023