USD 496 Mil as of today(2020-07-13). In depth view into Clorox Co Cash And Cash Equivalents explanation, calculation, historical data and more" />CLX Cash And Cash Equivalents | Clorox Co - GuruFocus.com
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Clorox Co Cash And Cash Equivalents

: USD 496 Mil (As of Mar. 2020)
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Clorox Co's quarterly cash and cash equivalents increased from Sep. 2019 (USD 150.00 Mil) to Dec. 2019 (USD 168.00 Mil) and increased from Dec. 2019 (USD 168.00 Mil) to Mar. 2020 (USD 496.00 Mil).

Clorox Co's annual cash and cash equivalents declined from Jun. 2017 (USD 418.00 Mil) to Jun. 2018 (USD 131.00 Mil) and declined from Jun. 2018 (USD 131.00 Mil) to Jun. 2019 (USD 111.00 Mil).


Clorox Co Cash And Cash Equivalents Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Clorox Co Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 382.00 401.00 418.00 131.00 111.00

Clorox Co Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.00 111.00 150.00 168.00 496.00

Clorox Co Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.


Clorox Co  (NYSE:CLX) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.


Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.


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