The Clorox Company reported an increase in working capital and improvement in key working capital metrics in the second quarter of fiscal year 2006 compared to the same period last year. Receivables increased due to sales growth but days sales outstanding declined due to better collections. Inventory levels rose because of higher commodity costs and new product launches. Accounts payable decreased due to the timing of payments. Net cash from operations declined from the prior year mainly because of lost profits from businesses sold to Henkel and higher interest expenses. Capital expenditures were $46 million for the quarter.