Scotts Miracle-Gro Company (SMG)

Payables turnover

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 Sep 30, 2020
Cost of revenue (ttm) US$ in thousands 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 2,784,600
Payables US$ in thousands 261,700 396,300 309,300 254,700 316,700 440,400 332,500 271,200 365,700 415,500 366,800 422,600 291,000 507,500 427,700 609,400 467,900 549,900 498,900 391,000
Payables turnover 9.36 6.28 8.65 10.61 8.49 6.25 8.46 10.67 8.28 7.37 8.27 7.22 10.65 6.43 7.82 5.67 7.52 6.13 6.07 7.12

June 30, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,449,300K ÷ $261,700K
= 9.36