Inventories

9 Months Ended

Apr. 30, 2025

Major classifications of inventories are as follows:


	April 30, 2025		July 31, 2024
Finished goods – RV	$	292,884	$	249,949
Finished goods – other	106,283		91,371
Work in process	302,803		261,043
Raw materials	412,007		434,165
Chassis	384,811		478,220
Subtotal	1,498,788		1,514,748
Excess of FIFO costs over LIFO costs	(145,210)		(148,110)
Total inventories, net	$	1,353,578	$	1,366,638

Of the $1,498,788 and $1,514,748 of inventories at April 30, 2025 and July 31, 2024, $1,137,199 and $1,109,062, respectively, were valued on the first-in, first-out (“FIFO”) method, and $361,589 and $405,686, respectively, were valued on the last-in, first-out (“LIFO”) method.