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The Clorox Company  (CLX)
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The Clorox's Quick Ratio

CLX's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the second quarter 2023, Quick Ratio deteriorated to 0.18 below The Clorox's average Quick Ratio.

Within Chemical Manufacturing industry 6 other companies have achieved higher Quick Ratio than The Clorox in second quarter 2023. While Quick Ratio total ranking has improved so far during the II Quarter 2023 to 160, from total ranking in the first quarter 2023 at 1314.

Explain Quick Ratio?
How much Cash & cash equivalents CLX´s has?
What are CLX´s Current Liabilities?


CLX Quick Ratio (Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
Y / Y Current Liabilities Change 7.34 % 10.77 % 7.27 % -27.81 % -30.74 %
Y / Y Cash & cash equivalent Change 111.31 % 86.33 % 100.55 % 0.41 % -12.5 %
Quick Ratio MRQ 0.18 0.24 0.2 0.13 0.09
CLX's Total Ranking # 160 # 1314 # 3275 # 3766 # 935
Seq. Current Liabilities Change -9.81 % 16.94 % -4.09 % 6.12 % -6.94 %
Seq. Cash & cash equivalent Change -31.47 % 41.14 % 51.65 % 44.05 % -39.57 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 7
Basic Materials Sector # 15
Overall Market # 160


Quick Ratio Statistics
High Average Low
0.64 0.21 0.05
(Jun 30 2020)   (June 30. 2010)




Financial Statements
The Clorox's Current Liabilities $ 1,930 Millions Visit CLX's Balance sheet
The Clorox's Cash & cash equivalent $ 355 Millions Visit CLX's Balance sheet
Source of CLX's Sales Visit CLX's Sales by Geography


Cumulative The Clorox's Quick Ratio

CLX's Quick Ratio for the trailling 12 Months

CLX Quick Ratio

(Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 7.34 % 10.77 % 7.27 % -27.81 % -30.74 %
Y / Y Cash & cash equivalent TTM Growth 111.31 % 86.33 % 100.55 % 0.41 % -12.5 %
Quick Ratio TTM 0.19 0.17 0.14 0.12 0.11
Total Ranking TTM # 859 # 2520 # 2794 # 2916 # 4154
Seq. Current Liabilities TTM Growth -9.81 % 16.94 % -4.09 % 6.12 % -6.94 %
Seq. Cash & cash equivalent TTM Growth -31.47 % 41.14 % 51.65 % 44.05 % -39.57 %


On the trailing twelve months basis CLX Cash & cash equivalent more than doubled by 111.31 % in II Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in The Clorox's Quick Ratio to 0.19, Quick Ratio remained below CLX average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 20 other companies have achieved higher Quick Ratio than The Clorox. While Quick Ratio overall ranking has improved so far to 859, from total ranking during the twelve months ending first quarter 2023 at 2520.

Explain Quick Ratio?
How much Cash & cash equivalents CLX´s has?
What are CLX´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 21
Basic Materials Sector # 72
Within the Market # 859


trailing twelve months Quick Ratio Statistics
High Average Low
0.46 0.2 0.09
(Dec 31 2020)   (Jun 30 2022)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Chemical Manufacturing Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Axalta Coating Systems Ltd   0.49 $ 703.100  Millions$ 1,427.500  Millions
Lyondellbasell Industries N v   0.48 $ 3,405.000  Millions$ 7,150.000  Millions
Huntsman Corporation  0.46 $ 540.000  Millions$ 1,172.000  Millions
Balchem Corp  0.43 $ 64.447  Millions$ 148.491  Millions
Northern Technologies International Corporation  0.38 $ 6.094  Millions$ 15.854  Millions
Tronox Holdings Plc  0.37 $ 273.000  Millions$ 729.000  Millions
Linde Plc  0.34 $ 4,664.000  Millions$ 13,816.000  Millions
Xpel Inc   0.32 $ 11.609  Millions$ 36.472  Millions
Ppg Industries Inc   0.31 $ 1,589.000  Millions$ 5,054.000  Millions
Newmarket Corporation  0.31 $ 111.936  Millions$ 364.164  Millions
Ingevity Corporation  0.28 $ 95.900  Millions$ 344.200  Millions
Sealed Air Corp  0.28 $ 418.900  Millions$ 1,509.000  Millions
Corteva Inc   0.26 $ 2,742.000  Millions$ 10,409.000  Millions
Fuller H B Co  0.26 $ 179.453  Millions$ 692.811  Millions
Methanex Corporation  0.25 $ 458.015  Millions$ 1,827.085  Millions
Csw Industrials Inc   0.22 $ 24.988  Millions$ 111.127  Millions
Ecolab Inc   0.21 $ 919.500  Millions$ 4,345.800  Millions
Rpm International Inc   0.21 $ 262.746  Millions$ 1,254.355  Millions
Unilever Plc  0.20 $ 5,136.320  Millions$ 26,327.840  Millions
International Flavors and Fragrances Inc  0.19 $ 703.000  Millions$ 3,758.000  Millions
The Clorox Company  0.18 $ 355.000  Millions$ 1,930.000  Millions
Flotek Industries Inc  0.12 $ 5.953  Millions$ 47.782  Millions
Sensient Technologies Corp  0.12 $ 28.934  Millions$ 236.306  Millions
Olin Corporation  0.12 $ 170.300  Millions$ 1,458.900  Millions
Fmc Corporation  0.09 $ 302.400  Millions$ 3,384.600  Millions
Orion S a   0.09 $ 37.500  Millions$ 440.300  Millions
Azz Inc   0.04 $ 7.509  Millions$ 193.547  Millions

Date modified: 2024-02-02T15:52:31+00:00



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