Winnebago Industries Inc (WGO)
Days of inventory on hand (DOH)
| Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.30 | 6.19 | 6.80 | 6.83 | 7.40 | 7.66 | 8.33 | 8.72 | 8.13 | 8.15 | 9.44 | 8.93 | 9.08 | 9.07 | 12.31 | 10.67 | 8.67 | 6.95 | 8.35 | 8.82 | |
| DOH | days | 57.94 | 58.99 | 53.70 | 53.42 | 49.35 | 47.67 | 43.81 | 41.84 | 44.89 | 44.78 | 38.66 | 40.86 | 40.20 | 40.26 | 29.65 | 34.21 | 42.10 | 52.51 | 43.74 | 41.38 |
February 24, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.30
= 57.94
The days of inventory on hand (DOH) for Winnebago Industries Inc has shown some fluctuations over the recent periods. On average, the company has maintained a DOH ranging from around 40 to 50 days, suggesting that it takes Winnebago Industries approximately 40 to 50 days to sell its inventory.
The highest DOH was observed in November 2023 at 58.99 days, indicating a slower inventory turnover during that period. Conversely, the lowest DOH was recorded in May 2020 at 29.65 days, suggesting a faster inventory turnover during that time frame.
Overall, the trend in DOH indicates that Winnebago Industries has managed its inventory levels relatively efficiently, maintaining a balance between stocking enough inventory to meet demand while also avoiding excess holding costs. However, close monitoring of inventory turnover is necessary to ensure optimal management of working capital and profitability for the company.
Peer comparison
Feb 24, 2024