Scotts Miracle-Gro Company (SMG)
Inventory turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,369,000 | 2,449,300 | 2,487,400 | 2,676,000 | 2,702,200 | 2,689,500 | 2,754,200 | 2,811,300 | 2,894,000 | 3,027,000 | 3,063,700 | 3,034,900 | 3,051,300 | 3,098,400 | 3,264,000 | 3,345,300 | 3,455,800 | 3,518,600 | 3,369,500 | 3,030,800 |
| Inventory | US$ in thousands | 592,800 | 544,300 | 773,200 | 909,800 | 587,500 | 606,800 | 824,300 | 1,169,600 | 880,300 | 884,900 | 1,127,600 | 1,525,900 | 1,343,500 | 1,407,600 | 1,594,100 | 1,657,200 | 1,126,600 | 962,800 | 1,019,200 | 1,068,300 |
| Inventory turnover | 4.00 | 4.50 | 3.22 | 2.94 | 4.60 | 4.43 | 3.34 | 2.40 | 3.29 | 3.42 | 2.72 | 1.99 | 2.27 | 2.20 | 2.05 | 2.02 | 3.07 | 3.65 | 3.31 | 2.84 |
September 30, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,369,000K ÷ $592,800K
= 4.00