Phillips Change In Working Capital from 2010 to 2024

PSX Stock  USD 133.27  1.86  1.42%   
Phillips Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2010-12-31
Previous Quarter
916 M
Current Value
-381 M
Quarterly Volatility
926.2 M
 
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' Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Phillips 66 over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Phillips' Change In Working Capital 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.
Change In Working Capital10 Years Trend
Pretty Stable
   Change In Working Capital   
       Timeline  

Phillips Change In Working Capital Regression Statistics

Arithmetic Mean(201,483,333)
Geometric Mean499,169,071
Coefficient Of Variation(509.18)
Mean Deviation767,117,778
Median(221,000,000)
Standard Deviation1,025,917,953
Sample Variance1052507.6T
Range3.9B
R-Value(0.26)
Mean Square Error1058958.9T
R-Squared0.07
Significance0.36
Slope(58,816,964)
Total Sum of Squares14735107.1T

Phillips Change In Working Capital History

2024-1.7 B
2023-1.8 B
202268 M
20212.1 B
2020-326 M
2019-830 M
2018-273 M

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Change In Working Capital, 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
Change In Working Capital-1.8 B-1.7 B

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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.