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Deere Total Inventories

: $7,935 Mil (As of Jan. 2022)
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Deere's total inventories for the quarter that ended in Jan. 2022 was $7,935 Mil. Deere's average total inventories from the quarter that ended in Oct. 2021 to the quarter that ended in Jan. 2022 was $7,358 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Deere's Net-Net Working Capital per share for the quarter that ended in Jan. 2022 was $-159.70.

Inventory can be measured by days sales of inventory (DSI). Deere's days sales of inventory (DSI) for the three months ended in Jan. 2022 was 70.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deere's Days Inventory for the three months ended in Jan. 2022 was 96.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Deere's Inventory Turnover for the quarter that 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 quarter that ended in Jan. 2022 was 0.77.


Deere Total Inventories Historical Data

The historical data trend for Deere's Total Inventories 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
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,904.10 6,149.00 5,975.00 4,999.00 6,781.00

Deere Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Total Inventories 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 5,956.00 6,042.00 6,410.00 6,781.00 7,935.00

Deere Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Deere  (NYSE:DE) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Deere's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2022 is

Net-Net Working Capital Per Share (Q: Jan. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5207+0.75 * 4855+0.5 * 7935-61806
-0-4)/306.784
=-159.70

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

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

Days Sales of Inventory (DSI)
=Total Inventories (Q: Jan. 2022 )/Revenue (Q: Jan. 2022 )*Days in Period
=7358/9569*365 / 4
=70.17

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

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

Days Inventory=Total Inventories (Q: Jan. 2022 )/Cost of Goods Sold (Q: Jan. 2022 )*Days in Period
=7358/6924*365 / 4
=96.97

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

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

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2022 ) / Total Inventories (Q: Jan. 2022 )
=6924 / 7358
=0.94

5. 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 quarter that ended in Jan. 2022 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jan. 2022 ) / Revenue (Q: Jan. 2022 )
=7358 / 9569
=0.77

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Deere Total Inventories Related Terms

Thank you for viewing the detailed overview of Deere's Total Inventories 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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