Inventories

6 Months Ended

Jan. 31, 2026

Major classifications of inventories are as follows:


	January 31, 2026		July 31, 2025
Finished goods – RV	$	308,799	$	256,239
Finished goods – other	151,751		127,600
Work in process	319,177		269,279
Raw materials	468,521		409,411
Chassis	491,692		438,079
Subtotal	1,739,940		1,500,608
Excess of FIFO costs over LIFO costs	(151,916)		(148,812)
Total inventories, net	$	1,588,024	$	1,351,796

Of the $1,739,940 and $1,500,608 of inventories at January 31, 2026 and July 31, 2025, $1,214,662 and $1,089,453, respectively, was valued on the first-in, first-out (“FIFO”) basis, and $525,278 and $411,155, respectively, was valued on the last-in, first-out (“LIFO”) basis.