The Clorox Company (CLX)

Days of inventory on hand (DOH)

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 Jun 30, 2020
Inventory turnover 6.06 6.71 6.99 6.36 6.21 6.49 5.95 6.44 6.06 6.08 6.01 6.04 5.68 5.39 5.45 5.51 5.90 6.58 7.14 8.06
DOH days 60.19 54.36 52.23 57.41 58.81 56.25 61.40 56.69 60.19 60.08 60.70 60.41 64.23 67.70 66.91 66.27 61.82 55.49 51.14 45.30

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.06
= 60.19

The days of inventory on hand (DOH) for The Clorox Company have exhibited notable fluctuations over the analyzed period from June 2020 through March 2025. Starting at approximately 45.3 days as of June 2020, the DOH increased steadily, reaching a peak of approximately 67.7 days around December 2021. This upward trend suggests a period of higher inventory levels relative to sales velocity, potentially indicating strategic stockpiling, production adjustments, or shifts in demand during that timeframe.

Following this peak, the DOH demonstrated a decreasing trend, with a notable reduction to approximately 56.7 days by June 2023. This decline reflects improved inventory management or increased sales efficiency, contributing to lower inventory holding periods. However, the DOH experienced some variability thereafter, with slight increases and decreases; it reached approximately 61.4 days in September 2023 before decreasing again to approximately 56.2 days in December 2023.

Most recently, the DOH manifested a rising trend, reaching approximately 60.2 days as of March 2025. Overall, the data indicates periods of inventory accumulation accompanied by phases of inventory clearance, reflecting strategic operational adjustments in inventory levels. The fluctuations suggest responsiveness to market conditions, supply chain dynamics, and sales patterns, with the company demonstrating a general trend of optimizing inventory holdings over the analyzed period.