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Scotts Miracle Gro Co (NYSE:SMG)
Change In Working Capital
$194 Mil (As of Sep. 2014)

Scotts Miracle Gro Co's change in working capital for the quarter that ended in Sep. 2014 was $194 Mil. It means Scotts Miracle Gro Co's working capital increased by $194 Mil from Jun. 2014 to Sep. 2014 .

Scotts Miracle Gro Co's change in working capital for the fiscal year that ended in Sep. 2014 was $-44 Mil. It means Scotts Miracle Gro Co's working capital declined by $44 Mil from Sep. 2013 to Sep. 2014 .


Definition

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Scotts Miracle Gro Co's Working Capital for the quarter that ended in Sep. 2014 is calculated as

Working Capital = Total Current Assets - Total Current Liabilities
= 935 - 544.7
= 390

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

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.


Related Terms

Total Current Assets, Total Current Liabilities


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
ChangeInWorkingCapital 10-99-10838-18-53-5866-44

Scotts Miracle Gro Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ChangeInWorkingCapital 62437-124-500521168-133-584478194
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