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Clorox Co (Clorox Co) Days Inventory

: 55.41 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Clorox Co's Average Total Inventories for the three months ended in Dec. 2023 was $683 Mil. Clorox Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,124 Mil. Hence, Clorox Co's Days Inventory for the three months ended in Dec. 2023 was 55.41.

The historical rank and industry rank for Clorox Co's Days Inventory or its related term are showing as below:

CLX' s Days Inventory Range Over the Past 10 Years
Min: 44.11   Med: 50.46   Max: 60.75
Current: 60.75

During the past 13 years, Clorox Co's highest Days Inventory was 60.75. The lowest was 44.11. And the median was 50.46.

CLX's Days Inventory is ranked better than
66.61% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.43 vs CLX: 60.75

Clorox Co's Days Inventory declined from Dec. 2022 (62.33) to Dec. 2023 (55.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clorox Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Clorox Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.


Clorox Co Days Inventory Historical Data

The historical data trend for Clorox Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clorox Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.29 48.19 53.14 60.29 59.10

Clorox Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 62.33 60.40 56.43 75.12 55.41

Competitive Comparison

For the Household & Personal Products subindustry, Clorox Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clorox Co Days Inventory Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clorox Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clorox Co's Days Inventory falls into.



Clorox Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Clorox Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (755 + 696) / 2 ) / 4481*365
=725.5 / 4481*365
=59.10

Clorox Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (710 + 655) / 2 ) / 1124*365 / 4
=682.5 / 1124*365 / 4
=55.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Clorox Co  (NYSE:CLX) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Clorox Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Clorox Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Clorox Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Clorox Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Clorox Co (Clorox Co) Business Description

Traded in Other Exchanges
Address
1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
Executives
Kevin B Jacobsen officer: SVP - Chief Financial Officer 1221 BROADWAY, OAKLAND CA 94612
Shanique Bonelli-moore officer: VP - Chief Diversity & Soc Imp 1221 BROADWAY, OAKLAND CA 94612
Mackay A D David director
Michael M Ott officer: SVP - Chief Research & Dev Off 1221 BROADWAY, OAKLAND CA 94612
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Julia Charter director 1221 BROADWAY, OAKLAND CA 94612
Eric H Reynolds officer: SVP-Chief Marketing Officer 1221 BROADWAY, OAKLAND CA 94612
Rebecca Dunphey officer: SVP & GM - Specialty Division 1221 BROADWAY, OAKLAND CA 94612
Eric Sean Schwartz officer: SVP - Chief Marketing Officer 1221 BROADWAY, OAKLAND CA 94612
Diego J Barral officer: SVP - GM, International 1221 BROADWAY, OAKLAND CA 94612
Matthew Gregory officer: SVP - Chief Customer Officer 1221 BROADWAY, OAKLAND CA 94612
Chris T Hyder officer: SVP, Cleaning & Prof Prod Div 1221 BROADWAY, OAKLAND CA 94612
Laurene E Peck officer: VP - CAO & Corp Controller 1221 BROADWAY, OAKLAND CA 94612
Angela C Hilt officer: SVP - Chief Legal Officer 1221 BROADWAY, OAKLAND CA 94612
Richard T Mcdonald officer: SVP - Chief Product Supply Off 1221 BROADWAY, OAKLAND CA 94612