The Scotts Miracle Gro Co (FRA:SCQA) Change In Receivables : €550 Mil (TTM As of Mar. 2024)

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What is The Scotts Miracle Gro Co Change In Receivables?

The Scotts Miracle Gro Co's change in receivables for the quarter that ended in Mar. 2024 was €-543 Mil. It means The Scotts Miracle Gro Co's Accounts Receivable increased by €543 Mil from Dec. 2023 to Mar. 2024 .

The Scotts Miracle Gro Co's change in receivables for the fiscal year that ended in Sep. 2023 was €73 Mil. It means The Scotts Miracle Gro Co's Accounts Receivable declined by €73 Mil from Sep. 2022 to Sep. 2023 .

The Scotts Miracle Gro Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €807 Mil.

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 Receivable are being managed. The Scotts Miracle Gro Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Scotts Miracle Gro Co's liquidation value for the three months ended in Mar. 2024 was €-2,797 Mil.

The Scotts Miracle Gro Co Change In Receivables Historical Data

The historical data trend for The Scotts Miracle Gro Co's Change In Receivables 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 Change In Receivables Chart

The Scotts Miracle Gro Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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0.55

-159.70

13.18

103.83

72.81

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
Change In Receivables	Get a 7-Day Free Trial															-903.37	276.62	799.82	16.69	-543.44

The Scotts Miracle Gro Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €550 Mil.

The Scotts Miracle Gro Co (FRA:SCQA) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	806.748	/	1403.368	*	91
=	52.46

2. In Ben Graham's calculation of liquidation value, The Scotts Miracle Gro Co's accounts receivable are only considered to be worth 75% of book value:

The Scotts Miracle Gro Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	59.892	-	3841.092	+	0.75 * 806.748	+	0.5 * 758.356
=	-2,797

The Scotts Miracle Gro Co Change In Receivables Related Terms

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

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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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