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.