Phillips Days Payables Outstanding from 2010 to 2024

PSX Stock  USD 133.35  0.90  0.67%   
Phillips Days Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Payables Outstanding will likely drop to 22.96 in 2024. During the period from 2010 to 2024, Phillips Days Payables Outstanding regression line of annual values had r-squared of  0.04 and arithmetic mean of  28.38. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
29.20353625
Current Value
22.96
Quarterly Volatility
5.79107807
 
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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' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Phillips 66 over the last few years. It is Phillips' Days Payables Outstanding 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.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Phillips Days Payables Outstanding Regression Statistics

Arithmetic Mean28.38
Geometric Mean27.83
Coefficient Of Variation20.41
Mean Deviation4.35
Median27.71
Standard Deviation5.79
Sample Variance33.54
Range22.0963
R-Value0.21
Mean Square Error34.57
R-Squared0.04
Significance0.46
Slope0.27
Total Sum of Squares469.51

Phillips Days Payables Outstanding History

2024 22.96
2023 29.2
2022 27.27
2021 29.78
2020 34.27
2019 32.31
2018 24.21

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Days Payables Outstanding, 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
Days Payables Outstanding 29.20  22.96 

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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.