Phillips Payables Turnover from 2010 to 2024

PSX Stock  USD 131.41  0.04  0.03%   
Phillips Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Phillips 66 pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.49848638
Current Value
14.52
Quarterly Volatility
2.73005465
 
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' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Phillips 66 over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Phillips' Payables 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.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Phillips Payables Turnover Regression Statistics

Arithmetic Mean13.29
Geometric Mean13.04
Coefficient Of Variation20.55
Mean Deviation1.96
Median13.17
Standard Deviation2.73
Sample Variance7.45
Range10.8205
R-Value(0.34)
Mean Square Error7.11
R-Squared0.11
Significance0.22
Slope(0.21)
Total Sum of Squares104.34

Phillips Payables Turnover History

2024 14.52
2023 12.5
2022 13.39
2021 12.26
2020 10.65
2019 11.3
2018 15.08

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Payables 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
Payables Turnover 12.50  14.52 

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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.