Scotts Cash Conversion Cycle from 2010 to 2024

SMG Stock  USD 68.54  0.08  0.12%   
Scotts Miracle's Cash Conversion Cycle is increasing over the last several years with slightly volatile swings. Cash Conversion Cycle is predicted to flatten to 113.54. During the period from 2010 to 2024 Scotts Miracle Gro Cash Conversion Cycle regressed destribution of quarterly values had coefficient of variationof  19.22 and r-value of  0.48. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
124.3
Current Value
113.54
Quarterly Volatility
19.23305491
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scotts Miracle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scotts main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.2 M, Total Revenue of 2.5 B or Gross Profit of 842.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0259 or Days Sales Outstanding of 51.82. Scotts financial statements analysis is a perfect complement when working with Scotts Miracle Valuation or Volatility modules.
  
This module can also supplement Scotts Miracle's financial leverage analysis and stock options assessment as well as various Scotts Miracle Technical models . Check out the analysis of Scotts Miracle Correlation against competitors.

Latest Scotts Miracle's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Scotts Miracle Gro over the last few years. It is Scotts Miracle's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scotts Miracle's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Slightly volatile
   Cash Conversion Cycle   
       Timeline  

Scotts Cash Conversion Cycle Regression Statistics

Arithmetic Mean100.06
Geometric Mean98.43
Coefficient Of Variation19.22
Mean Deviation15.25
Median95.21
Standard Deviation19.23
Sample Variance369.91
Range71.2153
R-Value0.48
Mean Square Error307.58
R-Squared0.23
Significance0.07
Slope2.05
Total Sum of Squares5,179

Scotts Cash Conversion Cycle History

2024 113.54
2023 124.3
2022 108.09
2021 145.4
2020 90.45
2019 74.18
2018 91.38

About Scotts Miracle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Scotts Miracle income statement, its balance sheet, and the statement of cash flows. Scotts Miracle investors use historical funamental indicators, such as Scotts Miracle's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Scotts Miracle investors may use each financial statement separately, they are all related. The changes in Scotts Miracle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Scotts Miracle's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Scotts Miracle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Scotts Miracle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 124.30  113.54 

Scotts Miracle Investors Sentiment

The influence of Scotts Miracle's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Scotts. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Scotts Miracle's public news can be used to forecast risks associated with an investment in Scotts. The trend in average sentiment can be used to explain how an investor holding Scotts can time the market purely based on public headlines and social activities around Scotts Miracle Gro. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Scotts Miracle's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Scotts Miracle's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Scotts Miracle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Scotts Miracle.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Scotts Miracle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Scotts Miracle's short interest history, or implied volatility extrapolated from Scotts Miracle options trading.

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out the analysis of Scotts Miracle Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Scotts Miracle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scotts Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
2.64
Earnings Share
(7.04)
Revenue Per Share
61.014
Quarterly Revenue Growth
(0.22)
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.