Phillips Fixed Asset Turnover from 2010 to 2024

PSX Stock  USD 131.41  0.04  0.03%   
Phillips Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Phillips Fixed Asset Turnover regression line of annual values had r-squared of  0.40 and arithmetic mean of  6.63. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.12743616
Current Value
7.45
Quarterly Volatility
3.23359599
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Phillips 66 over the last few years. It is Phillips' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Phillips Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.63
Geometric Mean6.00
Coefficient Of Variation48.74
Mean Deviation2.63
Median5.02
Standard Deviation3.23
Sample Variance10.46
Range10.6851
R-Value(0.63)
Mean Square Error6.77
R-Squared0.40
Significance0.01
Slope(0.46)
Total Sum of Squares146.39

Phillips Fixed Asset Turnover History

2024 7.45
2023 4.13
2022 4.83
2021 4.97
2020 2.7
2019 4.51
2018 5.06

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.13  7.45 

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Additional Tools for Phillips Stock Analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.