Deere & Company (DE)
Receivables turnover
| Oct 31, 2024 | Oct 27, 2024 | Oct 31, 2023 | Oct 29, 2023 | Oct 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 50,518,000 | 51,716,000 | 60,248,000 | 61,251,000 | 51,282,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
October 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $50,518,000K ÷ $—K
= —
As per the provided data, the receivables turnover ratio for Deere & Company is not available for the periods ending on October 31, 2022, October 29, 2023, October 31, 2023, October 27, 2024, and October 31, 2024.
The absence of information on receivables turnover indicates that there isn't sufficient data available to calculate the turnover ratio for the specified periods. Receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable and collecting cash from its customers.
In a normal analysis, a consistent or improving receivables turnover ratio is generally seen as a positive sign, as it suggests that the company is effectively converting its credit sales into cash. However, without the specific values for Deere & Company's receivables turnover, it is challenging to provide a more detailed analysis of this aspect of their financial performance.
Peer comparison
Oct 31, 2024