Winnebago Industries Inc (WGO)
Payables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,875,900 | 2,852,500 | 2,934,200 | 3,056,800 | 3,198,500 | 3,539,030 | 3,996,970 | 4,234,420 | 4,380,270 | 4,240,660 | 3,816,840 | 3,528,301 | 3,223,760 | 2,974,745 | 2,528,387 | 2,385,829 | 2,252,349 | 2,031,252 | 2,061,646 | 1,830,554 |
| Payables | US$ in thousands | 144,700 | 134,000 | 138,000 | 123,400 | 146,900 | 133,000 | 165,000 | 133,200 | 217,500 | 229,727 | 211,280 | 166,848 | 180,030 | 173,008 | 144,604 | 123,328 | 132,490 | 81,998 | 99,211 | 93,120 |
| 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 |
August 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,875,900K ÷ $144,700K
= 19.87
Winnebago Industries Inc's payables turnover has shown fluctuations over the periods analyzed. The payables turnover ratio indicates how efficiently the company is managing its suppliers and paying off its obligations.
The payables turnover ratio for Winnebago Industries Inc has varied between 17.00 and 31.79 over the past 20 periods. A higher payables turnover ratio suggests that the company is paying off its suppliers more frequently, which may indicate good liquidity management. Conversely, a lower ratio could signify delays in payments or inefficiencies in managing payables.
Overall, the trend in the payables turnover ratio for Winnebago Industries Inc fluctuates within a moderate range, without a clear upward or downward trend. Further analysis and comparison with industry benchmarks could provide more insights into the company's payables management efficiency.
Peer comparison
Aug 31, 2024