Deere (WBO:DEER) Days Sales Outstanding : 60.77 (As of Jan. 2024)

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What is Deere Days Sales Outstanding?

Deere's average Accounts Receivable for the three months ended in Jan. 2024 was €7,242 Mil. Deere's Revenue for the three months ended in Jan. 2024 was €10,875 Mil. Hence, Deere's Days Sales Outstanding for the three months ended in Jan. 2024 was 60.77.

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

WBO:DEER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.53 Med: 42.79 Max: 51.86
Current: 51.86

During the past 13 years, Deere's highest Days Sales Outstanding was 51.86. The lowest was 35.53. And the median was 42.79.

WBO:DEER's Days Sales Outstanding is ranked better than
69.71% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs WBO:DEER: 51.86

Deere's Days Sales Outstanding increased from Jan. 2023 (53.81) to Jan. 2024 (60.77).

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

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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47.77

51.16

35.29

35.53

44.25

Deere Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															53.81	47.10	56.84	50.01	60.77

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. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (6506.15	+	7328.833)	/	2 )	/	57054.856	*	365
=	6917.4915					/	57054.856	*	365
=	44.25

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

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (7328.833	+	7155.81)	/	2 )	/	10874.628	*	365 / 4
=	7242.3215					/	10874.628	*	365 / 4
=	60.77

Deere (WBO:DEER) 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

Thank you for viewing the detailed overview of Deere's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Deere (WBO:DEER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (WBO:DEER) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DE:USA DE:Mexico 1DE:Italy DCOd:UK DCO:Germany DEEC34:Brazil 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.

Deere (WBO:DEER) Headlines

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