The Scotts Miracle Gro Co (FRA:SCQA) Accounts Payable & Accrued Expense : €405 Mil (As of Mar. 2024)

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What is The Scotts Miracle Gro Co Accounts Payable & Accrued Expense?

The Scotts Miracle Gro Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€493 Mil) to Dec. 2023 (€305 Mil) but then increased from Dec. 2023 (€305 Mil) to Mar. 2024 (€405 Mil).

The Scotts Miracle Gro Co's annual accounts payable & accrued expense declined from Sep. 2021 (€759 Mil) to Sep. 2022 (€607 Mil) and declined from Sep. 2022 (€607 Mil) to Sep. 2023 (€493 Mil).

The Scotts Miracle Gro Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Scotts Miracle Gro Co's Accounts Payable & Accrued Expense 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 Accounts Payable & Accrued Expense Chart

The Scotts Miracle Gro Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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388.44

622.32

759.31

607.11

492.68

The Scotts Miracle Gro Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															388.08	337.54	492.68	304.90	405.17

The Scotts Miracle Gro Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

The Scotts Miracle Gro Co (FRA:SCQA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Scotts Miracle Gro Co (FRA:SCQA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMG:USA SCQA:Germany

Address

14111 Scottslawn Road, Marysville, OH, USA, 43041

Website

https://www.scottsmiraclegro.com

Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.

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