The Clorox Company (CLX)

The Clorox Company’s number of days of payables has exhibited fluctuations over the five-year period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company took approximately 81.95 days to settle its payables. This figure decreased slightly in the subsequent year, reaching 76.81 days by June 30, 2022, indicating an improvement in the company's payment efficiency or potentially more favorable supplier terms.

However, the trend reversed in the following year, with the number of days of payables increasing to 83.17 days as of June 30, 2023. This suggests that the company extended its payment period, possibly leveraging supplier credit terms or delaying payments to optimize cash flow. The period further increased to 85.72 days in 2024, reaching the highest level within this timeframe, which may reflect strategic financial management, supply chain considerations, or negotiations for extended credit.

In the most recent year, ending June 30, 2025, the number of days of payables decreased somewhat to 78.61 days. This reduction could imply a strategic shift towards more timely payments or a change in payment terms with suppliers. Overall, the trend indicates variability in Clorox’s accounts payable practices, with periods of extension and contraction that may be influenced by broader financial strategies, supplier relationships, or operational considerations.