Switch to:
The Scotts Miracle Gro Co (NYSE:SMG)
Days Sales Outstanding
72.96 (As of Jun. 2016)

The Scotts Miracle Gro Co's account receivable for the three months ended in Jun. 2016 was $795 Mil. The Scotts Miracle Gro Co's revenue for the three months ended in Jun. 2016 was $994 Mil. Hence, The Scotts Miracle Gro Co's days sales outstanding for the three months ended in Jun. 2016 was 72.96.

SMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.18   Max: 51.48
Current: 92.13

42.18
51.48

During the past 13 years, The Scotts Miracle Gro Co's highest Days Sales Outstanding was 51.48. The lowest was 42.18. And the median was 45.19.

SMG's Days Sales Outstanding is ranked lower than
69% of the 181 Companies
in the Global Agricultural Inputs industry.

( Industry Median: 58.14 vs. SMG: 92.13 )

The Scotts Miracle Gro Co's days sales outstanding increased from Jun. 2015 (64.30) to Jun. 2016 (72.96).


Definition

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

The Scotts Miracle Gro Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=355.4/3016.5*365
=43.00

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=794.8/994.1*365 / 4
=72.96

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


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

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

The Scotts Miracle Gro Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysSalesOutstanding 51.4850.5649.7549.1444.2042.1845.3642.9345.0143.00

The Scotts Miracle Gro Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 91.9161.3170.3878.2588.9964.3048.8576.6585.2372.96
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)
FEEDBACK