Winnebago Industries Inc (WGO)
Fixed asset turnover
| Aug 31, 2024 | May 25, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,964,100 | 3,010,100 | 3,119,700 | 3,282,800 | 3,470,200 | 3,872,190 | 4,424,220 | 4,717,230 | 4,916,430 | 4,773,490 | 4,277,556 | 3,952,980 | 3,594,235 | 3,306,092 | 2,748,414 | 2,536,739 | 2,332,393 | 2,124,982 | 2,259,904 | 2,074,435 |
| Property, plant and equipment | US$ in thousands | 338,900 | 335,500 | 333,700 | 331,100 | 327,300 | 320,000 | 310,400 | 294,800 | 276,200 | 256,335 | 239,034 | 224,129 | 191,427 | 177,578 | 173,609 | 171,210 | 174,945 | 175,431 | 169,840 | 163,348 |
| Fixed asset turnover | 8.75 | 8.97 | 9.35 | 9.91 | 10.60 | 12.10 | 14.25 | 16.00 | 17.80 | 18.62 | 17.90 | 17.64 | 18.78 | 18.62 | 15.83 | 14.82 | 13.33 | 12.11 | 13.31 | 12.70 |
August 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,964,100K ÷ $338,900K
= 8.75
The fixed asset turnover of Winnebago Industries Inc has shown a generally increasing trend over the past several quarters, indicating improved efficiency in utilizing its fixed assets to generate sales. The ratio has consistently remained at a high level, ranging from 8.75 to 18.78, indicating that for each dollar invested in fixed assets, the company is generating a significant amount of sales revenue.
The trend suggests that Winnebago Industries Inc has been effectively managing and utilizing its fixed assets to drive revenue growth. The company has been able to generate increasing sales relative to its investment in fixed assets, reflecting operational efficiency and effective asset utilization.
Overall, the consistent increase in fixed asset turnover ratios indicates that Winnebago Industries Inc is efficiently leveraging its fixed assets to drive sales, which is a positive indicator of the company's operational performance and management of its asset base.
Peer comparison
Aug 31, 2024