Inventories

6 Months Ended

Jan. 31, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	January 31, 2024		July 31, 2023
Finished goods – RV	$	283,273	$	164,456
Finished goods – other	87,933		93,476
Work in process	330,193		313,006
Raw materials	494,791		563,614
Chassis	739,682		681,122
Subtotal	1,935,872		1,815,674
Excess of FIFO costs over LIFO costs	(159,604)		(162,604)
Total inventories, net	$	1,776,268	$	1,653,070

Of the $1,935,872 and $1,815,674 of inventories at January 31, 2024 and July 31, 2023, $1,344,893 and $1,224,069, respectively, were valued on the first-in, first-out (“FIFO”) method, and $590,979 and $591,605, respectively, were valued on the last-in, first-out (“LIFO”) method.