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Scotts Miracle Gro Co (NYSE:SMG)
Change In Inventory
$159 Mil (As of Jun. 2014)

Scotts Miracle Gro Co's change in inventory for the quarter that ended in Jun. 2014 was $159 Mil. It means Scotts Miracle Gro Co's inventory increased by $159 Mil from Mar. 2014 to Jun. 2014 .

Scotts Miracle Gro Co's change in inventory for the fiscal year that ended in Sep. 2013 was $89 Mil. It means Scotts Miracle Gro Co's inventory increased by $89 Mil from Sep. 2012 to Sep. 2013 .

Scotts Miracle Gro Co's inventory for the quarter that ended in Jun. 2014 was $388 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Scotts Miracle Gro Co's days inventory for the quarter that ended in Jun. 2014 was 50.92.

Inventory can be measured by Days Sales of Inventory (DSI). Scotts Miracle Gro Co's days sales of inventory (DSI) for the quarter that ended in Jun. 2014 was 31.61.

Inventory turnover measures how fast the company turns over its inventory within a year. Scotts Miracle Gro Co's inventory turnover for the quarter that ended in Jun. 2014 was 1.79.

Inventory to revenue ratio determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Scotts Miracle Gro Co's inventory to revenue ratio for the quarter that ended in Jun. 2014 was 0.35.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Scotts Miracle Gro Co's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=387.8/693.1*91
=50.92

2. Inventory can be measured by Days Sales of Inventory (DSI).

Scotts Miracle Gro Co's Days Sales of Inventory for the quarter that ended in Jun. 2014 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=387.8/1116.4*91
=31.61

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Scotts Miracle Gro Co's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

4. Inventory to Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Scotts Miracle Gro Co's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory to Revenue=Inventory / Revenue
=387.8 / 1116.4
=0.35

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Scotts Miracle Gro Co Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
ChangeInInventory -14-16-6113-18-4751-38-2389

Scotts Miracle Gro Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ChangeInInventory 5613456-2323122665-27956159
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