Scotts Miracle-Gro Company (SMG)

Working capital turnover

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Revenue US$ in thousands 3,413,100 3,552,700 3,551,300 3,924,100 4,925,000
Total current assets US$ in thousands 940,300 980,400 1,397,800 1,981,900 2,024,000
Total current liabilities US$ in thousands 739,700 750,300 773,700 963,900 1,140,400
Working capital turnover 17.01 15.44 5.69 3.85 5.57

September 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,413,100K ÷ ($940,300K – $739,700K)
= 17.01