There are two main versions of Crocodile Dundee (the first film): the Australian cut and the shorter American/international cut. The film itself was then followed by two sequels, but for version count of the first movie, the usual answer is 2.

What that means

  • Australian version : the original local release.
  • American/international version : slightly shorter, with some Australian slang changed for wider audiences.

Why people say different numbers

Some fans also talk about later edits or TV cuts, which can make it sound like there are more than two. But the standard release versions of the first Crocodile Dundee are generally counted as two.

Related note

If you meant the whole franchise, there are 3 movies total : Crocodile Dundee , Crocodile Dundee II , and Crocodile Dundee in Los Angeles.

TL;DR: 2 versions of the first movie, 3 movies in the series.