The Clorox Company (CLX)

The Clorox Company’s days of inventory on hand (DOH) have demonstrated a general downward trend over the observed period from June 30, 2021, to June 30, 2025. Specifically, the DOH was 66.27 days as of June 30, 2021, indicating the average number of days inventory was held before sale or usage. By June 30, 2022, this figure declined to 60.41 days, reflecting an improvement in inventory management or increased inventory turnover. The reduction continued into June 30, 2023, with the DOH decreasing further to 56.69 days, signifying enhanced efficiency in inventory utilization.

However, between June 30, 2023, and June 30, 2024, the DOH marginally increased to 57.48 days, indicating a slight slowdown in inventory turnover or adjustments in inventory levels. Despite this minor uptick, the trend remains relatively stable compared to previous years. The most notable change occurs between June 30, 2024, and June 30, 2025, where the DOH decreases significantly to 49.06 days. This marked reduction suggests that the company has further optimized its inventory management processes, leading to quicker inventory turnover and potentially improved operational efficiency.

Overall, the data indicates that The Clorox Company has progressively improved its inventory management over the analyzed period, achieving a substantial reduction in the average inventory holding period by June 30, 2025, compared to the beginning of the period. This improvement can have positive implications for cash flow, working capital management, and overall operational efficiency.