Switch to:
Clorox Co (NYSE:CLX)
Days Payable
25.47 (As of Mar. 2014)

Clorox Co's payable for the three months ended in Mar. 2014 was $388 Mil. Clorox Co's revenue for the three months ended in Mar. 2014 was $1,386 Mil. Hence, Clorox Co's days payable for the three months ended in Mar. 2014 was 25.47.

Clorox Co's days payable declined from Mar. 2013 (26.60) to Mar. 2014 (25.47). It may suggest that Clorox Co accelerated 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. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=442/5623*365
=28.69

Clorox Co's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=388/1386*91
=25.47

* 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

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
DaysPayable 28.8625.8624.7832.5331.2831.9232.3827.8428.6929.25

Clorox Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 24.6224.6228.2225.7526.6026.0027.7524.5625.4726.98
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK