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GuruFocus has detected 7 Warning Signs with The Scotts Miracle Gro Co $SMG.
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The Scotts Miracle Gro Co (NYSE:SMG)
Construction In Progress
$0 Mil (As of Dec. 2016)

The Scotts Miracle Gro Co's quarterly construction in progress increased from Jun. 2016 ($0 Mil) to Sep. 2016 ($29 Mil) but then declined from Sep. 2016 ($29 Mil) to Dec. 2016 ($0 Mil).

The Scotts Miracle Gro Co's annual construction in progress increased from Sep. 2014 ($21 Mil) to Sep. 2015 ($29 Mil) but then stayed the same from Sep. 2015 ($29 Mil) to Sep. 2016 ($29 Mil).


Definition

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


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

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
ConstructionInProgress 18183436303920212929

The Scotts Miracle Gro Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ConstructionInProgress 2100029000290
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