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Deere (XTER:DCO) Days Payable : 44.90 (As of Jan. 2025)


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What is Deere Days Payable?

Deere's average Accounts Payable for the three months ended in Jan. 2025 was €2,394 Mil. Deere's Cost of Goods Sold for the three months ended in Jan. 2025 was €4,866 Mil. Hence, Deere's Days Payable for the three months ended in Jan. 2025 was 44.90.

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

XTER:DCO' s Days Payable Range Over the Past 10 Years
Min: 27.83   Med: 31.92   Max: 36.28
Current: 34.96

During the past 13 years, Deere's highest Days Payable was 36.28. The lowest was 27.83. And the median was 31.92.

XTER:DCO's Days Payable is ranked worse than
88.89% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.99 vs XTER:DCO: 34.96

Deere's Days Payable increased from Jan. 2024 (42.84) to Jan. 2025 (44.90). It may suggest that Deere delayed paying its suppliers.


Deere Days Payable Historical Data

The historical data trend for Deere's Days Payable 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 Days Payable Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.96 31.57 33.82 36.75 36.91

Deere Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Days Payable Get a 7-Day Free Trial 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 42.84 30.41 32.44 35.39 44.90

Competitive Comparison of Deere's Days Payable

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

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

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


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Deere Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Deere's Days Payable for the fiscal year that ended in Oct. 2024 is calculated as

Days Payable (A: Oct. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2023 ) + Accounts Payable (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (3283.249 + 2476.764) / 2 ) / 28479.114*365
=2880.0065 / 28479.114*365
=36.91

Deere's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (2476.764 + 2311.638) / 2 ) / 4865.742*365 / 4
=2394.201 / 4865.742*365 / 4
=44.90

* 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 Days Payable Related Terms

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Deere Business Description

Address
One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (FS), its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere financial provides retail financing for machinery to its customers and wholesale financing for dealers.