Deere (STU:DCO) Change In Inventory : €788 Mil (TTM As of Jan. 2024)

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What is Deere Change In Inventory?

Deere's change in inventory for the quarter that ended in Jan. 2024 was €-664 Mil. It means Deere's inventory increased by €664 Mil from Oct. 2023 to Jan. 2024 .

Deere's change in inventory for the fiscal year that ended in Oct. 2023 was €264 Mil. It means Deere's inventory declined by €264 Mil from Oct. 2022 to Oct. 2023 .

Deere's Total Inventories for the quarter that ended in Jan. 2024 was €8,204 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deere's Days Inventory for the quarter that ended in Jan. 2024 was 110.36.

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. 2024 was 0.83.

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. 2024 was 0.74.

Deere Change In Inventory Historical Data

The historical data trend for Deere's Change In 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.

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Deere Change In Inventory Chart

Deere Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

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-705.12

337.45

-2,152.41

-2,122.37

264.21

Deere Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-1,186.91	270.86	288.38	892.07	-663.71

Deere Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €788 Mil.

Deere (STU:DCO) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7993.7795	/	6609.6	*	365 / 4
	=	110.36

2. 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. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6609.6	/	7993.7795
	=	0.83

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 quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7993.7795	/	10874.628
	=	0.74

Deere Change In Inventory Related Terms

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Deere (STU:DCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (STU:DCO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

DE:USA DE:Mexico 1DE:Italy DCOd:UK DCO:Germany DEEC34:Brazil DEER:Austria DE:Argentina

Address

One John Deere Place, Moline, IL, USA, 61265

Website

https://www.deere.com

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.