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Deere Days Inventory

: 96.97 (As of Jan. 2022)
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Deere's Total Inventories for the three months ended in Jan. 2022 was $7,358 Mil. Deere's Cost of Goods Sold for the three months ended in Jan. 2022 was $6,924 Mil. Hence, Deere's Days Inventory for the three months ended in Jan. 2022 was 96.97.

The historical rank and industry rank for Deere's Days Inventory or its related term are showing as below:

DE' s Days Inventory Range Over the Past 10 Years
Min: 63.16   Med: 68.88   Max: 79.75
Current: 77.6

During the past 13 years, Deere's highest Days Inventory was 79.75. The lowest was 63.16. And the median was 68.88.

DE's Days Inventory is ranked better than
74.07% of 189 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 108.67 vs DE: 77.60

Deere's Days Inventory increased from Jan. 2021 (82.26) to Jan. 2022 (96.97). It might indicate that Deere's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Deere's Inventory Turnover for the three months ended in Jan. 2022 was 0.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Deere's Inventory-to-Revenue for the three months ended in Jan. 2022 was 0.77.


Deere Days Inventory Historical Data

The historical data trend for Deere's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deere Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.16 67.99 77.67 79.75 70.93

Deere Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.26 66.79 72.67 73.21 96.97

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Deere Days Inventory Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Days Inventory distribution charts can be found below:

* The bar in red indicates where Deere's Days Inventory falls into.



Deere Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Deere's Days Inventory for the fiscal year that ended in Oct. 2021 is calculated as

Days Inventory (A: Oct. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2020 ) + Total Inventories (A: Oct. 2021 )) / count ) / Cost of Goods Sold (A: Oct. 2021 )*Days in Period
=( (4999 + 6781) / 2 ) / 30311*365
=5890 / 30311*365
=70.93

Deere's Days Inventory for the quarter that ended in Jan. 2022 is calculated as:

Days Inventory (Q: Jan. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2021 ) + Total Inventories (Q: Jan. 2022 )) / count ) / Cost of Goods Sold (Q: Jan. 2022 )*Days in Period
=( (6781 + 7935) / 2 ) / 6924*365 / 4
=7358 / 6924*365 / 4
=96.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Deere  (NYSE:DE) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Deere's Days Sales of Inventory for the three months ended in Jan. 2022 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=7358/9569*365 / 4
=70.17

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Deere's Inventory Turnover for the three months ended in Jan. 2022 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Deere's Inventory to Revenue for the three months ended in Jan. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Deere Days Inventory Related Terms

Thank you for viewing the detailed overview of Deere's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Deere Business Description

Deere logo
Industry
Address
One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through a robust dealer network, which includes over 1,900 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Executives
Howze Marc A officer: Group Pres., Life Sol & CAO DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Reed Cory J officer: Pres, Ag & Turf Prod & Prec Ag DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Von Pentz Markwart officer: PresAg Turf Small Ag & Turf DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Kalathur Rajesh officer: President, JD Financial & CIO DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Stone John H officer: Pres., WW Const & For & Pow Sy ONE JOHN DEERE PLACE MOLINE IL 61265
Field James M. officer: Pres., C&F Division DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Erwin Tami A. director 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Holliday Charles O Jr director 1007 MARKET ST WILMINGTON DE 19898
Jones Clayton M director 400 COLLINS ROAD NE CEDAR RAPIDS IA 52498
Smith Sherry M director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SMITH SHERRY M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Page Gregory R director EATON CENTER 1111 SUPERIOR AVENUE CLEVELAND OH 44114
Heuberger Alan Cletus director 2365 CARILLON POINT KIRKLAND WA 98033
Talton Sheila director C/O ACCO BRANDS CORPORATION 300 TOWER PARKWAY LINCOLNSHIRE IL 60201
Jain Dipak C director 130 EAST RANDOLPH DRIVE CHICAGO IL 60601
Stockton Dmitri L director 777 LONG RIDGE ROAD SYNCHRONY FINANCIAL C/O CORP. SECRETARY STAMFORD CT 06902

Deere Headlines

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