Deere & Company (DE)
Payables turnover
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,754,000 | 5,175,000 | 4,683,000 | 3,569,000 | 27,945,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
October 27, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,754,000K ÷ $—K
= —
Based on the given data, the payables turnover ratio for Deere & Company is not provided for the fiscal years ending October 27, 2024, October 29, 2023, October 30, 2022, October 31, 2021, and November 1, 2020. The payables turnover ratio is a measure of how efficiently a company manages its accounts payable by comparing the amount of purchases made on credit to the average accounts payable amount. Without this ratio, it is challenging to assess the effectiveness of Deere & Company in paying its suppliers and managing its working capital over the years covered in the data. It would be beneficial to calculate the payables turnover ratio for these years to gain insights into the company's payment practices and liquidity management.
Peer comparison
Oct 27, 2024