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Deere (MIL:1DE) Days Sales Outstanding : 54.06 (As of Oct. 2024)


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What is Deere Days Sales Outstanding?

Deere's average Accounts Receivable for the three months ended in Oct. 2024 was €5,888 Mil. Deere's Revenue for the three months ended in Oct. 2024 was €9,939 Mil. Hence, Deere's Days Sales Outstanding for the three months ended in Oct. 2024 was 54.06.

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

MIL:1DE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.53   Med: 43.55   Max: 53.77
Current: 53.77

During the past 13 years, Deere's highest Days Sales Outstanding was 53.77. The lowest was 35.53. And the median was 43.55.

MIL:1DE's Days Sales Outstanding is ranked better than
69.52% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.12 vs MIL:1DE: 53.77

Deere's Days Sales Outstanding increased from Oct. 2023 (50.01) to Oct. 2024 (54.06).


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 Days Sales Outstanding Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.16 35.29 35.53 44.25 48.08

Deere Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Days Sales Outstanding 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 50.01 60.77 50.37 58.40 54.06

Competitive Comparison of Deere's Days Sales Outstanding

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's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

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. 2024 is calculated as

Days Sales Outstanding (A: Oct. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Oct. 2024 )) / count ) / Revenue (A: Oct. 2024 )*Days in Period
=( (7328.833 + 4889.268) / 2 ) / 46375.524*365
=6109.0505 / 46375.524*365
=48.08

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

Days Sales Outstanding (Q: Oct. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jul. 2024 ) + Accounts Receivable (A: Oct. 2024 )) / count ) / Revenue (A: Oct. 2024 )*Days in Period
=( (6886.418 + 4889.268) / 2 ) / 9939.186*365 / 4
=5887.843 / 9939.186*365 / 4
=54.06

* 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  (MIL:1DE) 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

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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, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. 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.

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