Switch to:
Scotts Miracle Gro Co (NYSE:SMG)
Days Sales Outstanding
67.12 (As of Sep. 2015)

Scotts Miracle Gro Co's account receivable for the three months ended in Sep. 2015 was $355 Mil. Scotts Miracle Gro Co's revenue for the three months ended in Sep. 2015 was $483 Mil. Hence, Scotts Miracle Gro Co's days sales outstanding for the three months ended in Sep. 2015 was 67.12.

SMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.18   Max: 51.48
Current: 24.73

42.18
51.48

During the past 13 years, Scotts Miracle Gro Co's highest Days Sales Outstanding was 51.48. The lowest was 42.18. And the median was 46.00.

SMG's Days Sales Outstanding is ranked higher than
77% of the 167 Companies
in the Global Agricultural Inputs industry.

( Industry Median: 60.96 vs. SMG: 24.73 )

Scotts Miracle Gro Co's days sales outstanding declined from Sep. 2014 (70.38) to Sep. 2015 (67.12).


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.

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

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=355.4/483.2*365 / 4
=67.12

* 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.

Scotts Miracle Gro Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysSalesOutstanding 51.4850.5649.7546.6347.4742.1845.3642.9345.0143.00

Scotts Miracle Gro Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 68.6580.6191.9161.3170.3878.2587.6561.0667.1276.65
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)

GuruFocus Premium Plus Membership

FEEDBACK