Winnebago Industries Inc (WGO)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 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 | 20.56 | 19.97 | |
| Number of days of payables | days | 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 | 17.75 | 18.28 |
February 24, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 21.26
= 17.17
The number of days of payables for Winnebago Industries Inc has shown some fluctuations over the past few periods. The average number of days of payables appears to be around 17 days, indicating that the company takes approximately 17 days to pay its suppliers.
There was a slight increase in the number of days of payables in the most recent period, reaching 17.17 days as of February 24, 2024. This increase may suggest a slower payment to suppliers compared to the previous periods.
The highest number of days of payables was observed on May 29, 2021, at 21.47 days, while the lowest was on November 26, 2022, at 11.48 days. These fluctuations could be due to various factors such as changes in payment terms with suppliers, seasonal variations in business operations, or adjustments in cash flow management strategies.
Overall, monitoring the number of days of payables can provide insights into Winnebago Industries Inc's liquidity and operational efficiency in managing its working capital. Further analysis and comparison with industry benchmarks can help evaluate the company's payment practices and financial performance.
Peer comparison
Feb 24, 2024