Switch to:
Scotts Miracle Gro Co (NYSE:SMG)
Change In Inventory
$25 Mil (As of Sep. 2014)

Scotts Miracle Gro Co's change in inventory for the quarter that ended in Sep. 2014 was $25 Mil. It means Scotts Miracle Gro Co's inventory increased by $25 Mil from Jun. 2014 to Sep. 2014 .

Scotts Miracle Gro Co's change in inventory for the fiscal year that ended in Sep. 2014 was $-39 Mil. It means Scotts Miracle Gro Co's inventory declined by $39 Mil from Sep. 2013 to Sep. 2014 .

Scotts Miracle Gro Co's inventory for the quarter that ended in Sep. 2014 was $385 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 Sep. 2014 was 112.34.

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 Sep. 2014 was 77.62.

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 Sep. 2014 was 0.81.

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 Sep. 2014 was 0.85.


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 Sep. 2014 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=386.45/313.9*365 / 4
=112.34

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 Sep. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=386.45/454.3*365 / 4
=77.62

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 Sep. 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 Sep. 2014 is calculated as

* 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

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ChangeInInventory -16-6113-18-4751-38-2389-39

Scotts Miracle Gro Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ChangeInInventory 13456-2323122665-2795615925
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK