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Clorox Co's account receivable for the three months ended in Mar. 2016 was $530 Mil. Clorox Co's revenue for the three months ended in Mar. 2016 was $1,426 Mil. Hence, Clorox Co's days sales outstanding for the three months ended in Mar. 2016 was 33.91.
During the past 13 years, Clorox Co's highest Days Sales Outstanding was 38.45. The lowest was 32.55. And the median was 35.29.
Clorox Co's days sales outstanding declined from Mar. 2015 (34.39) to Mar. 2016 (33.91).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Clorox Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Clorox Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Clorox Co Annual Data
Clorox Co Quarterly Data