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Deere (DE) Days Sales Outstanding

: 59.83 (As of Jan. 2024)
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Deere's average Accounts Receivable for the three months ended in Jan. 2024 was $7,767 Mil. Deere's Revenue for the three months ended in Jan. 2024 was $11,846 Mil. Hence, Deere's Days Sales Outstanding for the three months ended in Jan. 2024 was 59.83.

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

DE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.53   Med: 42.79   Max: 51.86
Current: 51.86

During the past 13 years, Deere's highest Days Sales Outstanding was 51.86. The lowest was 35.53. And the median was 42.79.

DE's Days Sales Outstanding is ranked better than
69.23% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.235 vs DE: 51.86

Deere's Days Sales Outstanding increased from Jan. 2023 (51.60) to Jan. 2024 (59.83).


Deere Days Sales Outstanding Historical Data

The historical data trend for Deere's Days Sales Outstanding 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 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.66 49.41 35.53 37.79 42.86

Deere Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Sales Outstanding 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 51.60 46.75 56.58 51.28 59.83

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

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

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



Deere Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Deere's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (6410 + 7739) / 2 ) / 60248*365
=7074.5 / 60248*365
=42.86

Deere's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (7739 + 7795) / 2 ) / 11846*365 / 4
=7767 / 11846*365 / 4
=59.83

* 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 Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Deere Days Sales Outstanding Related Terms

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


Deere (DE) Business Description

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 an extensive dealer network, which includes over 2,000 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
Deanna M Kovar officer: Pres Ag & Turf, Sml Ag & Turf ONE JOHN DEERE PLACE, MOLINE IL 61265
Ryan D Campbell officer: Senior Vice President & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Laurence Neil Hunn director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Reed Cory J officer: Pres., John Deere Financial DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
May John C Ii officer: President, Ag Solutions & CIO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Pentz Markwart Von officer: Pres.Ag Div.Europe,Africa,SA DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Tami A. Erwin director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jahmy J Hindman officer: Sr VP & Chief Technology Offcr ONE JOHN DEERE PLACE, MOLINE IL 61265
Marc A Howze officer: Sr. VP & Chief Admin Offcr DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Justin Ryan Rose officer: Pres, L.C. Sol, Cus Sup & S.M. ONE JOHN DEERE PLACE, MOLINE IL 61265
Joshua A Jepsen officer: Senior V.P. & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Felecia J. Pryor officer: Snr V.P. & Chief People Offcr 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
John H Stone officer: Pres., WW Const & For & Pow Sy C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Leanne G Caret director 1000 WILSON BLVD, ARLINGTON VA 22209
Rajesh Kalathur officer: Sr. VP and CFO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265

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