The Scotts Miracle Gro Co (STU:SCQA) Days Payable : 59.70 (As of Sep. 2024)

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What is The Scotts Miracle Gro Co Days Payable?

The Scotts Miracle Gro Co's average Accounts Payable for the three months ended in Sep. 2024 was €262 Mil. The Scotts Miracle Gro Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €400 Mil. Hence, The Scotts Miracle Gro Co's Days Payable for the three months ended in Sep. 2024 was 59.70.

The historical rank and industry rank for The Scotts Miracle Gro Co's Days Payable or its related term are showing as below:

STU:SCQA' s Days Payable Range Over the Past 10 Years
Min: 30.8 Med: 38.26 Max: 61.73
Current: 43.64

During the past 13 years, The Scotts Miracle Gro Co's highest Days Payable was 61.73. The lowest was 30.80. And the median was 38.26.

STU:SCQA's Days Payable is ranked worse than
73.14% of 242 companies
in the Agriculture industry
Industry Median: 79.485 vs STU:SCQA: 43.64

The Scotts Miracle Gro Co's Days Payable declined from Sep. 2023 (66.77) to Sep. 2024 (59.70). It may suggest that The Scotts Miracle Gro Co accelerated paying its suppliers.

The Scotts Miracle Gro Co Days Payable Historical Data

The historical data trend for The Scotts Miracle Gro Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Scotts Miracle Gro Co Days Payable Chart

The Scotts Miracle Gro Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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40.64

52.80

55.95

45.83

36.25

The Scotts Miracle Gro Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															66.77	79.88	33.17	40.50	59.70

Competitive Comparison of The Scotts Miracle Gro Co's Days Payable

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Scotts Miracle Gro Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Days Payable falls into.

The Scotts Miracle Gro Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

The Scotts Miracle Gro Co's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (254.114	+	229.485)	/	2 )	/	2434.682	*	365
=	241.7995					/	2434.682	*	365
=	36.25

The Scotts Miracle Gro Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (294.214	+	229.485)	/	2 )	/	400.225	*	365 / 4
=	261.8495					/	400.225	*	365 / 4
=	59.70

The Scotts Miracle Gro Co Days Payable Related Terms

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The Scotts Miracle Gro Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Scotts Miracle Gro Co (STU:SCQA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMG:USA 0L45:UK SCQA:Germany

Address

14111 Scottslawn Road, Marysville, OH, USA, 43041

Website

https://www.scottsmiraclegro.com

Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the us. The business consists of three reporting segments: us consumer, Hawthorne, and other. The us consumer segment consists of a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. us consumer typically generates the vast majority of companywide revenue and profits. Hawthorne sells indoor gardening and hydroponic equipment, particularly to the cannabis growing industry, while the other segment primarily consists of lawn and gardening products sold in Canada. Its lawncare and gardening products are well-recognized brands in the us, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat.

The Scotts Miracle Gro Co Headlines

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