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Scotts Miracle Gro Co's account receivable for the three months ended in Mar. 2015 was $1,059 Mil. Scotts Miracle Gro Co's revenue for the three months ended in Mar. 2015 was $1,102 Mil. Hence, Scotts Miracle Gro Co's days sales outstanding for the three months ended in Mar. 2015 was 87.65.
Scotts Miracle Gro Co's days sales outstanding declined from Mar. 2014 (91.91) to Mar. 2015 (87.65).
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. 2014 is calculated as
Scotts Miracle Gro Co's Days Sales Outstanding for the quarter that ended in Mar. 2015 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