The Clorox Company (CLX)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.65 | 11.76 | 11.88 | 12.55 | 10.21 | 10.71 | 10.77 | 12.11 | 10.74 | 10.58 | 11.78 | 11.50 | 10.44 | 10.77 | 12.44 | 11.06 | 12.15 | 11.70 | 12.21 | 10.41 | |
| DSO | days | 42.18 | 31.05 | 30.72 | 29.08 | 35.76 | 34.07 | 33.90 | 30.14 | 33.99 | 34.51 | 31.00 | 31.73 | 34.97 | 33.89 | 29.33 | 33.01 | 30.03 | 31.20 | 29.88 | 35.06 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.65
= 42.18
The Days of Sales Outstanding (DSO) for The Clorox Company has demonstrated some variability over the period analyzed. Throughout the fiscal periods reported, DSO values have primarily fluctuated within a range of approximately 29 to 36 days. Notably, the data from September 30, 2020, shows a DSO of 35.06 days, which decreased to 29.88 days by December 31, 2020, indicating an improvement in receivables collection efficiency during that interval.
From the first quarter of 2021 onward, the DSO generally increased or remained relatively stable, reaching a peak of 42.18 days in June 2025. This uptick suggests a potential elongation in the time it takes to collect receivables, which could be attributable to changes in credit policies, customer payment terms, or collection practices. The DSO figures dipped again to around 29.08 days in September 2024, reflecting periods of improved collection, but then trended upward in the latest period, reaching over 42 days.
The overall trend reveals a pattern of modest fluctuations, with the DSO mostly centered around a 30-day period, consistent with typical credit collections in the consumer goods industry. The significant increase observed in the most recent quarter indicates a possible shift toward lengthening receivables collection cycles, which may warrant further scrutiny regarding its impact on the company's cash flow and liquidity. This pattern underscores the importance of ongoing monitoring of receivables management to ensure that collection efficiency aligns with financial sustainability objectives.