Deere & Company (DE)
Days of sales outstanding (DSO)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Jul 28, 2019 | Apr 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 28, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Deere & Co.'s days of sales outstanding (DSO) trend, we need to assess the DSO values over the past eight quarters.
From Q2 2022 to Q2 2023, there is an overall increasing trend in DSO, indicating that on average, it takes the company longer to collect its accounts receivables. The DSO fluctuated between 58.92 days to 76.84 days during this period, with the highest DSO recorded in Q2 2023.
It is important to note that from Q3 2022 to Q1 2023, there was a sudden spike in DSO, which may raise concerns about the company's credit policies or potential collection issues during that period.
However, in Q4 2023, DSO decreased slightly from the peak in Q2 2023, which could be seen as a positive sign of improvement in the efficiency of the company's accounts receivable management.
Overall, Deere & Co. should focus on monitoring and managing its DSO effectively to ensure timely collection of receivables and optimize cash flow.
Peer comparison
Jan 28, 2024