Winnebago Industries Inc (WGO)

Short-term

Turnover ratios

Winnebago Industries Inc's inventory turnover has been consistently high over the past two years, averaging around 8 times per year. This indicates that the company efficiently manages its inventory levels and quickly turns over its inventory into sales.

The receivables turnover ratio shows a decreasing trend over the same period, indicating that the company is taking longer to collect payments from its customers. However, the receivables turnover ratio is still relatively high, averaging around 14 times per year, which suggests that the company's credit policies are effective.

The payables turnover ratio has shown some fluctuations but generally remains within the range of 20-25 times per year. This indicates that Winnebago Industries is efficient in paying its suppliers and managing its accounts payable.

The working capital turnover has also been relatively stable over the past two years, averaging around 7 times per year. This ratio indicates how efficiently the company is utilizing its working capital to generate sales.

Overall, Winnebago Industries Inc appears to have strong activity ratios, reflecting efficient management of inventory, receivables, payables, and working capital. However, the decreasing trend in receivables turnover may warrant further attention to ensure timely collection of payments.

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Average number of days

The days of inventory on hand (DOH) for Winnebago Industries Inc have seen fluctuations over the past few periods, ranging from a low of 29.65 days to a high of 58.99 days. This indicates that the company has varied in its efficiency in managing inventory levels during these periods.

On the other hand, the days of sales outstanding (DSO) have also exhibited variability, with values ranging from 15.71 days to 34.55 days. Lower DSO values suggest that the company is collecting on its sales more quickly, while higher values may indicate potential issues with accounts receivable management.

Additionally, the number of days of payables for Winnebago Industries Inc have fluctuated between 11.48 days and 21.47 days. A lower number of days of payables implies that the company is paying its suppliers more quickly, while higher values may indicate a more conservative approach to managing payables.

Overall, the analysis of these activity ratios indicates that Winnebago Industries Inc has experienced varying levels of efficiency in managing its inventory, receivables, and payables over the reviewed periods. Monitoring these ratios closely can provide insights into the company's operational effectiveness and financial health.

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Long-term

The fixed asset turnover ratio for Winnebago Industries Inc has shown a fluctuating trend over the past few quarters, ranging from a low of 9.35 to a high of 18.78. This ratio measures how efficiently the company is utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio indicates better utilization of fixed assets.

On the other hand, the total asset turnover ratio has also varied over the same period, with values between 1.28 and 2.03. This ratio reflects the company's ability to generate sales from its total assets. An increasing trend in total asset turnover indicates that the company is becoming more efficient in generating sales with its total assets.

Overall, both the fixed asset turnover and total asset turnover ratios have demonstrated volatility, but with an overall increasing trend in recent quarters. This suggests that Winnebago Industries Inc has been improving its efficiency in utilizing its assets to generate sales, which is a positive sign for the company's long-term activity and operational performance.