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Deere's other current assets for the quarter that ended in Jan. 2025 was $2,929 Mil.
Deere's quarterly other current assets increased from Jul. 2024 ($2,965 Mil) to Oct. 2024 ($3,629 Mil) but then declined from Oct. 2024 ($3,629 Mil) to Jan. 2025 ($2,929Mil).
Deere's annual other current assets declined from Oct. 2022 ($1,061 Mil) to Oct. 2023 ($996 Mil) increased from Oct. 2023 ($996 Mil) to Oct. 2024 ($3,629 Mil).
The historical data trend for Deere's Other Current Assets 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.
Deere Annual Data | |||||||||||||||||||||
Trend | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | Oct24 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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- | 314.00 | 1,061.00 | 996.00 | 3,629.00 |
Deere Quarterly Data | ||||||||||||||||||||
Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | Oct24 | Jan25 | |
Other Current Assets | Get a 7-Day Free Trial |
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- | - | 2,965.00 | 3,629.00 | 2,929.00 |
Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:
The assets grouped under other current assets are most commonly:
Some companies can and do choose to report each of these items separately.
Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.
Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.
Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.
Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.
There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.
At most companies, other current assets are a small and unimportant part of the total balance sheet.
Thank you for viewing the detailed overview of Deere's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Rajesh Kalathur | officer: Sr. VP and CFO | DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
Reed Cory J | officer: Pres., John Deere Financial | DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
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 |
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 |
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