Winnebago Payout Ratio vs Accounts Payable Analysis

WGO Stock  USD 63.68  1.14  1.82%   
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Payout Ratio and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

Payout Ratio vs Accounts Payable

Payout Ratio vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Payout Ratio account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Winnebago Industries' Payout Ratio and Accounts Payable is 0.67. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Payout Ratio and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Winnebago Industries are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Payout Ratio i.e., Winnebago Industries' Payout Ratio and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Payout Ratio

Payout Ratio is the proportion of Winnebago Industries earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Winnebago Industries dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Winnebago Industries is paying out more in dividends than it makes in net income.

Accounts Payable

An accounting item on the balance sheet that represents Winnebago Industries obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Winnebago Industries are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.At this time, Winnebago Industries' Selling General Administrative is very stable compared to the past year. As of the 23rd of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Tax Provision is likely to drop about 52.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit929.3M586.1M674.0M707.7M
Total Revenue5.0B3.5B4.0B4.2B

Winnebago Industries fundamental ratios Correlations

0.960.950.981.00.980.870.960.880.99-0.30.880.890.070.990.960.95-0.090.990.930.98-0.090.950.330.60.34
0.960.910.930.950.940.820.920.870.94-0.330.870.88-0.010.950.90.88-0.120.950.880.94-0.10.910.380.730.38
0.950.910.950.950.940.750.910.90.92-0.220.90.830.120.930.940.93-0.070.950.880.97-0.040.930.240.480.25
0.980.930.950.970.940.840.930.880.96-0.320.880.930.060.970.950.91-0.070.990.850.98-0.080.990.330.610.34
1.00.950.950.970.990.860.980.870.99-0.260.870.860.070.980.970.97-0.130.980.950.98-0.10.930.320.580.32
0.980.940.940.940.990.840.970.860.98-0.160.850.80.120.950.970.98-0.120.960.980.96-0.130.90.250.520.26
0.870.820.750.840.860.840.810.580.92-0.150.570.830.120.890.80.770.00.880.790.770.210.810.280.630.28
0.960.920.910.930.980.970.810.820.95-0.170.820.78-0.10.930.970.95-0.330.930.960.94-0.10.870.430.560.44
0.880.870.90.880.870.860.580.820.83-0.481.00.790.070.880.820.87-0.010.890.80.94-0.340.880.270.440.28
0.990.940.920.960.990.980.920.950.83-0.250.820.880.090.990.950.94-0.080.980.930.95-0.030.930.320.60.33
-0.3-0.33-0.22-0.32-0.26-0.16-0.15-0.17-0.48-0.25-0.47-0.530.06-0.34-0.15-0.19-0.24-0.33-0.07-0.360.08-0.39-0.25-0.43-0.25
0.880.870.90.880.870.850.570.821.00.82-0.470.790.060.880.820.87-0.010.880.790.94-0.340.870.280.440.28
0.890.880.830.930.860.80.830.780.790.88-0.530.790.010.910.790.730.070.920.670.880.040.950.380.760.38
0.07-0.010.120.060.070.120.12-0.10.070.090.060.060.010.080.040.140.830.070.10.05-0.040.1-0.84-0.26-0.84
0.990.950.930.970.980.950.890.930.880.99-0.340.880.910.080.920.92-0.031.00.890.96-0.060.950.340.60.34
0.960.90.940.950.970.970.80.970.820.95-0.150.820.790.040.920.96-0.220.940.930.96-0.10.910.310.510.31
0.950.880.930.910.970.980.770.950.870.94-0.190.870.730.140.920.96-0.120.930.960.95-0.20.870.220.40.23
-0.09-0.12-0.07-0.07-0.13-0.120.0-0.33-0.01-0.08-0.24-0.010.070.83-0.03-0.22-0.12-0.05-0.21-0.10.010.03-0.73-0.19-0.73
0.990.950.950.990.980.960.880.930.890.98-0.330.880.920.071.00.940.93-0.050.890.98-0.070.970.340.610.34
0.930.880.880.850.950.980.790.960.80.93-0.070.790.670.10.890.930.96-0.210.890.89-0.130.790.240.430.25
0.980.940.970.980.980.960.770.940.940.95-0.360.940.880.050.960.960.95-0.10.980.89-0.170.960.330.560.34
-0.09-0.1-0.04-0.08-0.1-0.130.21-0.1-0.34-0.030.08-0.340.04-0.04-0.06-0.1-0.20.01-0.07-0.13-0.17-0.10.060.120.06
0.950.910.930.990.930.90.810.870.880.93-0.390.870.950.10.950.910.870.030.970.790.96-0.10.290.620.3
0.330.380.240.330.320.250.280.430.270.32-0.250.280.38-0.840.340.310.22-0.730.340.240.330.060.290.51.0
0.60.730.480.610.580.520.630.560.440.6-0.430.440.76-0.260.60.510.4-0.190.610.430.560.120.620.50.51
0.340.380.250.340.320.260.280.440.280.33-0.250.280.38-0.840.340.310.23-0.730.340.250.340.060.31.00.51
Click cells to compare fundamentals

Winnebago Industries Account Relationship Matchups

Winnebago Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.4B2.4B2.8B2.9B
Short Long Term Debt Total539.7M555.3M586.3M634.4M729.6M766.0M
Other Current Liab167.9M227.2M292.8M249.1M286.5M300.8M
Total Current Liabilities300.4M407.3M522.1M396M455.4M478.2M
Total Stockholder Equity827.5M1.1B1.3B1.4B1.6B1.7B
Property Plant And Equipment Net204.4M219.8M317.4M369.9M425.4M446.7M
Net Debt247.1M120.7M304.1M324.5M373.2M391.8M
Retained Earnings913.6M1.2B1.5B1.7B2.0B2.1B
Cash292.6M434.6M282.2M309.9M356.4M374.2M
Non Current Assets Total1.0B1.0B1.3B1.4B1.7B1.7B
Non Currrent Assets Other(590K)(35.6M)14.2M8.3M7.5M7.1M
Cash And Short Term Investments292.6M434.6M282.2M309.9M356.4M374.2M
Net Receivables220.8M253.8M254.1M178.5M205.3M215.5M
Common Stock Shares Outstanding33.5M34.1M33.0M35.4M31.9M31.4M
Liabilities And Stockholders Equity1.7B2.1B2.4B2.4B2.8B2.9B
Non Current Liabilities Total585.8M598.3M631.6M668.3M768.5M807.0M
Inventory182.9M341.5M525.8M470.6M541.2M568.2M
Other Current Assets17.3M29.1M31.8M37.7M43.4M45.5M
Other Stockholder Equity(111.5M)(141.5M)(300.0M)(405.2M)(364.7M)(346.4M)
Total Liab886.2M1.0B1.2B1.1B1.2B1.3B
Property Plant And Equipment Gross204.4M219.8M317.4M573M659.0M691.9M
Total Current Assets713.6M1.1B1.1B996.7M1.1B1.2B
Short Term Debt3.2M(13.4M)5.7M7.2M8.3M7.9M
Accounts Payable132.5M180.0M217.5M146.9M168.9M177.4M
Intangible Assets404.8M390.4M472.4M502M577.3M606.2M
Other Liab41.3M37.7M45.3M26.2M23.6M22.4M
Other Assets38.5M16.6M48.9M20M18M17.1M
Treasury Stock(347.4M)(351.3M)(315.3M)(359.9M)(323.9M)(340.1M)
Property Plant Equipment174.9M219.8M276.2M369.9M425.4M446.7M
Current Deferred Revenue(3.2M)13.4M6.1M(7.2M)(8.3M)(7.9M)
Net Tangible Assets74.6M318.5M306.4M351.6M404.3M424.6M
Long Term Debt512.6M528.6M545.9M592.4M681.3M715.3M
Retained Earnings Total Equity866.9M913.6M1.2B1.5B1.8B1.9B
Capital Surpluse203.8M218.5M256.2M197.7M227.4M118.1M

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When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Winnebago Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Winnebago Industries. If investors know Winnebago will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Winnebago Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Dividend Share
1.16
Earnings Share
3.42
Revenue Per Share
105.492
Quarterly Revenue Growth
(0.19)
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.