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Scotts Miracle Gro Co's account receivable for the three months ended in Jun. 2014 was $750 Mil. Scotts Miracle Gro Co's revenue for the three months ended in Jun. 2014 was $1,116 Mil. Hence, Scotts Miracle Gro Co's days sales outstanding for the three months ended in Jun. 2014 was 61.14.
Scotts Miracle Gro Co's days sales outstanding increased from Jun. 2013 (54.60) to Jun. 2014 (61.14).
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. 2013 is calculated as
Scotts Miracle Gro Co's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Scotts Miracle Gro Co Annual Data
Scotts Miracle Gro Co Quarterly Data