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The Scotts Miracle Gro Co (NYSE:SMG)
Change In Inventory
\$23 Mil (As of Sep. 2016)

The Scotts Miracle Gro Co's change in inventory for the quarter that ended in Sep. 2016 was \$23 Mil. It means The Scotts Miracle Gro Co's inventory declined by \$23 Mil from Jun. 2016 to Sep. 2016 .

The Scotts Miracle Gro Co's change in inventory for the fiscal year that ended in Sep. 2016 was \$-29 Mil. It means The Scotts Miracle Gro Co's inventory increased by \$29 Mil from Sep. 2015 to Sep. 2016 .

The Scotts Miracle Gro Co's inventory for the quarter that ended in Sep. 2016 was \$448 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. The Scotts Miracle Gro Co's days inventory for the quarter that ended in Sep. 2016 was 138.43.

Inventory can be measured by Days Sales of Inventory (DSI). The Scotts Miracle Gro Co's days sales of inventory (DSI) for the quarter that ended in Sep. 2016 was 104.12.

Inventory turnover measures how fast the company turns over its inventory within a year. The Scotts Miracle Gro Co's inventory turnover for the quarter that ended in Sep. 2016 was 0.66.

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. The Scotts Miracle Gro Co's inventory to revenue ratio for the quarter that ended in Sep. 2016 was 1.14.

Definition

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

Explanation

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

The Scotts Miracle Gro Co's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 459.05 / 302.6 * 365 / 4 = 138.43

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

The Scotts Miracle Gro Co's Days Sales of Inventory for the quarter that ended in Sep. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 459.05 / 402.3 * 365 / 4 = 104.12

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

The Scotts Miracle Gro Co's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 302.6 / 459.05 = 0.66

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.

The Scotts Miracle Gro Co's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 459.05 / 402.3 = 1.14

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The Scotts Miracle Gro Co Annual Data

 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 ChangeInInventory 13 -18 -47 51 -38 -23 89 -39 -18 -29

The Scotts Miracle Gro Co Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ChangeInInventory 159 25 -301 85 195 4 -354 130 172 23
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