Winnebago Industries Inc (WGO)
Quick ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 265,700 | 219,600 | 309,900 | 225,900 | 229,300 | 271,700 | 282,200 | 238,073 | 134,832 | 211,384 | 434,563 | 405,841 | 333,015 | 272,939 | 292,575 | 152,480 | 122,939 | 101,328 | 37,431 | 4,176 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 28,821 | 28,381 | 28,301 | 27,904 | 27,838 | 27,336 | — | — | — | 27,111 |
| Receivables | US$ in thousands | 242,300 | 190,800 | 189,200 | 205,300 | 281,300 | 203,000 | 254,124 | 373,639 | 380,039 | 263,677 | 253,808 | 228,199 | 232,349 | 231,182 | 220,798 | 163,590 | 182,475 | 167,290 | 158,049 | 185,546 |
| Total current liabilities | US$ in thousands | 353,200 | 347,300 | 396,000 | 397,100 | 435,100 | 436,100 | 522,100 | 535,952 | 464,046 | 427,103 | 407,276 | 375,610 | 321,003 | 313,401 | 300,390 | 228,175 | 250,649 | 247,406 | 197,744 | 204,851 |
| Quick ratio | 1.44 | 1.18 | 1.26 | 1.09 | 1.17 | 1.09 | 1.03 | 1.14 | 1.11 | 1.11 | 1.76 | 1.76 | 1.85 | 1.70 | 1.80 | 1.51 | 1.22 | 1.09 | 0.99 | 1.06 |
February 24, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($265,700K
+ $—K
+ $242,300K)
÷ $353,200K
= 1.44
The quick ratio of Winnebago Industries Inc has shown some fluctuations over the past few quarters, ranging from 0.99 to 1.85. This ratio measures the company's ability to meet its short-term obligations using its most liquid assets.
In the most recent period, the quick ratio was 1.44, indicating that the company has $1.44 of liquid assets available for every $1 of current liabilities. This implies a healthy liquidity position, suggesting that Winnebago Industries Inc can easily cover its short-term obligations.
Overall, the trend of the quick ratio for Winnebago Industries Inc has been relatively stable, with most values above 1. This signifies that the company has generally maintained a strong ability to meet its short-term financial commitments without relying heavily on slower-moving assets. However, it is essential to continue monitoring the quick ratio to ensure ongoing liquidity and financial stability.
Peer comparison
Feb 24, 2024