Winnebago Industries Inc (WGO)
Total 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 |
| Total assets | US$ in thousands | 2,384,200 | 2,425,000 | 2,433,900 | 2,368,900 | 2,432,400 | 2,412,800 | 2,445,400 | 2,394,000 | 2,416,700 | 2,427,130 | 2,309,430 | 2,206,360 | 2,062,570 | 1,979,770 | 1,855,800 | 1,780,990 | 1,713,700 | 1,533,040 | 1,571,930 | 1,553,620 |
| Total asset turnover | 1.24 | 1.24 | 1.28 | 1.39 | 1.43 | 1.60 | 1.81 | 1.97 | 2.03 | 1.97 | 1.85 | 1.79 | 1.74 | 1.67 | 1.48 | 1.42 | 1.36 | 1.39 | 1.44 | 1.34 |
August 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,964,100K ÷ $2,384,200K
= 1.24
Winnebago Industries Inc's total asset turnover has shown fluctuations over the past few years, ranging from 1.24 to 2.03. The company's ability to generate sales from its assets peaked at 2.03 in August 27, 2022, indicating that Winnebago was able to efficiently utilize its assets to generate revenue during that period. However, there was a slight decline in total asset turnover in subsequent periods, with the ratio fluctuating between 1.24 and 1.97.
Overall, Winnebago's total asset turnover has remained relatively healthy, consistently above 1.0, which suggests that the company has effectively used its assets to generate revenue. However, the slight fluctuations in the ratio indicate that the company's efficiency in generating sales from its assets may have varied over time. Further analysis would be needed to understand the reasons behind these fluctuations and to assess the company's asset management strategies.
Peer comparison
Aug 31, 2024