Winnebago Industries Inc (WGO)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 19.87 | 21.29 | 21.26 | 24.77 | 21.77 | 26.61 | 24.22 | 31.79 | 20.14 | 18.46 | 18.07 | 21.15 | 17.91 | 17.19 | 17.48 | 19.35 | 17.00 | 24.77 | 20.78 | 19.66 | |
| Number of days of payables | days | 18.36 | 17.15 | 17.17 | 14.73 | 16.76 | 13.72 | 15.07 | 11.48 | 18.12 | 19.77 | 20.20 | 17.26 | 20.38 | 21.23 | 20.88 | 18.87 | 21.47 | 14.73 | 17.56 | 18.57 |
August 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 19.87
= 18.36
The number of days of payables for Winnebago Industries Inc has shown fluctuations over the past several periods. The average number of days of payables over these periods is approximately 17.47 days. This indicates that on average, Winnebago takes about 17.47 days to pay its suppliers and vendors.
The trend in the number of days of payables shows some variability, with the range of values spanning from a low of 11.48 days to a high of 21.47 days. This suggests that the company's payment behavior towards its suppliers may vary in different periods.
Overall, Winnebago Industries Inc's number of days of payables provides insights into the company's liquidity management and supplier relationships. A lower number of days of payables could indicate a more efficient cash management strategy, while a higher number may suggest potential cash flow challenges or bargaining power with suppliers.
Peer comparison
Aug 31, 2024