The Clorox Company (CLX)

Number of days of payables

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
Payables turnover 4.64 1.91 2.72 2.82 4.26 2.53 2.58 2.52 4.39 2.59 2.84 2.87 4.75 2.90 2.86 2.71 4.45 2.81 2.91 2.73
Number of days of payables days 78.61 191.08 134.06 129.43 85.62 144.24 141.62 145.10 83.17 141.02 128.75 127.27 76.81 125.99 127.46 134.85 81.95 129.84 125.46 133.61

June 30, 2025 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.64
= 78.61

The Clorox Company’s number of days of payables exhibits considerable variation over the analyzed period. Generally, the data indicates fluctuations between approximately 76.81 days and 191.08 days. The shortest payable period was recorded on June 30, 2025, at approximately 78.61 days, while the longest was on March 31, 2025, at approximately 191.08 days.

Throughout the period, there are notable peaks, such as on March 31, 2025, and September 30, 2024, where the payables extend beyond 129 days, reaching as high as 191 days. Conversely, the lowest levels are observed around mid-2022, particularly June 30, 2022, with approximately 76.81 days, suggesting a more aggressive payment strategy or improved cash flow management during that timeframe.

Overall, the data indicates significant oscillations in the accounts payable period, which may reflect strategic shifts in vendor negotiations, changes in liquidity management, or responses to operational needs. These fluctuations could influence the company’s liquidity profile and supplier relationships, emphasizing the importance of consistent accounts payable practices in maintaining optimal working capital management.