Inventories

9 Months Ended

Apr. 30, 2026

Major classifications of inventories are as follows:


	April 30, 2026		July 31, 2025
Finished goods – RV	$	253,453	$	256,239
Finished goods – other	164,377		127,600
Work in process	331,265		269,279
Raw materials	463,538		409,411
Chassis	472,835		438,079
Subtotal	1,685,468		1,500,608
Excess of FIFO costs over LIFO costs	(154,753)		(148,812)
Total inventories, net	$	1,530,715	$	1,351,796

Of the $1,685,468 and $1,500,608 of inventories at April 30, 2026 and July 31, 2025, $1,242,868 and $1,089,453, respectively, was valued on the first-in, first-out (“FIFO”) basis, and $442,600 and $411,155, respectively, was valued on the last-in, first-out (“LIFO”) basis.