Clorox Quick Ratio 2010-2025 | CLX
- Clorox average quick ratio for 2024 was 0.6, a 9.09% decline from 2023.
- Clorox average quick ratio for 2023 was 0.55, a 14.58% increase from 2022.
- Clorox average quick ratio for 2022 was 0.48, a 2.04% increase from 2021.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.