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Clorox Co (NYSE:CLX)
Days Payable
51.01 (As of Mar. 2016)

Clorox Co's payable for the three months ended in Mar. 2016 was $436 Mil. Clorox Co's cost of goods sold for the three months ended in Mar. 2016 was $780 Mil. Hence, Clorox Co's days payable for the three months ended in Mar. 2016 was 51.01.

CLX' s Days Payable Range Over the Past 10 Years
Min: 43.57   Max: 52.2
Current: 50.73

43.57
52.2

During the past 13 years, Clorox Co's highest Days Payable was 52.20. The lowest was 43.57. And the median was 48.24.

CLX's Days Payable is ranked higher than
57% of the 1070 Companies
in the Global Household & Personal Products industry.

( Industry Median: 44.01 vs. CLX: 50.73 )

Clorox Co's days payable increased from Mar. 2015 (45.51) to Mar. 2016 (51.01). It may suggest that Clorox Co delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Clorox Co's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=431/3190*365
=49.32

Clorox Co's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=436/780*365 / 4
=51.01

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Clorox Co Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 44.7243.5749.2544.8048.9552.2047.5346.9549.7149.32

Clorox Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 42.3843.8746.0445.3944.2745.5146.4349.9844.8351.01
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