Deere & Company (DE)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 43,081,000 | 47,971,000 | 52,141,000 | 56,232,000 | 55,230,000 | 54,263,000 | 54,423,000 | 54,600,000 | 58,291,000 | 61,907,000 | 63,908,000 | 60,892,000 | 58,007,000 | 57,482,000 | 55,860,000 | 57,310,000 | 58,028,000 | 55,582,000 | 49,377,000 | 45,100,000 |
| Total assets | US$ in thousands | 103,119,000 | 107,320,000 | 107,320,000 | 107,841,000 | 107,841,000 | 105,628,000 | 105,628,000 | 101,371,000 | 101,371,000 | 104,087,000 | 104,087,000 | 103,397,000 | 103,397,000 | 98,347,000 | 91,620,000 | 91,620,000 | 90,030,000 | 90,030,000 | 86,817,000 | 84,099,000 |
| Total asset turnover | 0.42 | 0.45 | 0.49 | 0.52 | 0.51 | 0.51 | 0.52 | 0.54 | 0.58 | 0.59 | 0.61 | 0.59 | 0.56 | 0.58 | 0.61 | 0.63 | 0.64 | 0.62 | 0.57 | 0.54 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $43,081,000K ÷ $103,119,000K
= 0.42
Deere & Company's total asset turnover ratio has shown fluctuations over the given period, starting at 0.54 in May 2022 and decreasing to 0.42 by January 2025. This ratio indicates the company's efficiency in generating sales revenue from its total assets. A decreasing trend in total asset turnover may suggest that the company is facing challenges in effectively utilizing its assets to generate revenue. It is essential for Deere & Company to closely monitor this ratio and assess its asset management strategies to improve efficiency in utilizing its assets to drive revenue growth and profitability.
Peer comparison
Jan 31, 2025