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Clorox Co (NYSE:CLX)
Days Payable
44.83 (As of Dec. 2015)

Clorox Co's payable for the three months ended in Dec. 2015 was $366 Mil. Clorox Co's cost of goods sold for the three months ended in Dec. 2015 was $745 Mil. Hence, Clorox Co's days payable for the three months ended in Dec. 2015 was 44.83.

CLX' s Days Payable Range Over the Past 10 Years
Min: 43.57   Max: 52.2
Current: 42.37

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 48.62.

CLX's Days Payable is ranked lower than
51% of the 1062 Companies
in the Global Household & Personal Products industry.

( Industry Median: 43.24 vs. CLX: 42.37 )

Clorox Co's days payable increased from Dec. 2014 (44.27) to Dec. 2015 (44.83). 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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=366/745*365 / 4
=44.83

* 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 44.7243.5749.2544.8051.2152.2047.5347.9850.8549.32

Clorox Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 44.9643.5044.7646.9645.3944.2745.5146.4349.9844.83
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