The Clorox Company (CLX)
Total asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,019,000 | 7,165,000 | 7,469,000 | 7,093,000 | 7,209,000 | 7,310,000 | 7,035,000 | 7,389,000 | 7,171,000 | 7,065,000 | 7,041,000 | 7,107,000 | 7,108,000 | 7,080,000 | 7,231,000 | 7,341,000 | 7,522,000 | 7,524,000 | 7,131,000 | 6,721,000 |
| Total assets | US$ in thousands | 5,512,000 | 5,577,000 | 5,497,000 | 5,751,000 | 5,805,000 | 5,908,000 | 5,991,000 | 5,945,000 | 5,818,000 | 6,045,000 | 6,153,000 | 6,158,000 | 6,322,000 | 6,190,000 | 6,274,000 | 6,334,000 | 6,441,000 | 6,855,000 | 6,777,000 | 6,213,000 |
| Total asset turnover | 1.27 | 1.28 | 1.36 | 1.23 | 1.24 | 1.24 | 1.17 | 1.24 | 1.23 | 1.17 | 1.14 | 1.15 | 1.12 | 1.14 | 1.15 | 1.16 | 1.17 | 1.10 | 1.05 | 1.08 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,019,000K ÷ $5,512,000K
= 1.27
The total asset turnover of The Clorox Company demonstrates a generally increasing trend over the analyzed period from June 30, 2020, to March 31, 2025. Starting at 1.08 in June 2020, the ratio experienced slight fluctuations but maintained an overall upward trajectory, reaching a high of 1.36 in September 2024 before a modest decline to 1.27 by March 2025.
This pattern indicates that, on average, Clorox has been improving its efficiency in utilizing its assets to generate sales. The rise from approximately 1.08 to over 1.36 suggests that the company has successfully optimized its asset base to support higher sales volume relative to its asset level. The stability of ratios around 1.10 to 1.17 from late 2021 to early 2023 reflects periods of consistent operational efficiency.
The notable increase to 1.36 in September 2024 underscores a potentially strategic improvement or operational efficiencies, while the subsequent slight decrease towards early 2025 may imply adjustments or shifting operational conditions. Overall, the trend indicates a positive movement in asset utilization efficiency over the analyzed period, reflecting well-managed assets in relation to sales generation.