Inventories

6 Months Ended

Jan. 31, 2025

Major classifications of inventories are as follows:


	January 31, 2025		July 31, 2024
Finished goods – RV	$	312,641	$	249,949
Finished goods – other	104,144		91,371
Work in process	266,325		261,043
Raw materials	409,611		434,165
Chassis	433,308		478,220
Subtotal	1,526,029		1,514,748
Excess of FIFO costs over LIFO costs	(146,610)		(148,110)
Total inventories, net	$	1,379,419	$	1,366,638

Of the $1,526,029 and $1,514,748 of inventories at January 31, 2025 and July 31, 2024, $1,142,184 and $1,109,062, respectively, were valued on the first-in, first-out (“FIFO”) method, and $383,845 and $405,686, respectively, were valued on the last-in, first-out (“LIFO”) method.