Deere & Company (DE)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 28, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the data provided, the number of days of payables for Deere & Co. has fluctuated over the past quarters. In Q1 2024, the company had an average payable period of 31.23 days, showing a slight improvement compared to the previous quarter's figure of 33.35 days in Q4 2023. This indicates that Deere & Co. took slightly fewer days to pay its suppliers in Q1 2024.
Looking further back, in Q3 2023, the number of days of payables was 31.19 days, showing a marginal decrease from the prior quarter's figure of 34.80 days in Q2 2023. However, it's worth noting that data for Q1 2023, as well as Q4 2022, Q3 2022, and Q2 2022 is missing, making it challenging to analyze the trend over a longer period.
Overall, the trend in the number of days of payables for Deere & Co. seems to be relatively stable in the available data, with some fluctuations in the payable period across consecutive quarters. Further analysis incorporating additional data points could provide more insights into the company's payables management efficiency.
Peer comparison
Jan 28, 2024