Phillips Receivables Turnover from 2010 to 2024

PSX Stock  USD 131.41  0.04  0.03%   
Phillips Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Phillips Receivables Turnover regression line of annual values had r-squared of  0.25 and arithmetic mean of  16.02. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
12.56598465
Current Value
17.4
Quarterly Volatility
3.27365365
 
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' Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Phillips 66 over the last few years. It is Phillips' Receivables 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.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Phillips Receivables Turnover Regression Statistics

Arithmetic Mean16.02
Geometric Mean15.69
Coefficient Of Variation20.43
Mean Deviation2.66
Median16.50
Standard Deviation3.27
Sample Variance10.72
Range12.3881
R-Value(0.50)
Mean Square Error8.66
R-Squared0.25
Significance0.06
Slope(0.37)
Total Sum of Squares150.04

Phillips Receivables Turnover History

2024 17.4
2023 12.57
2022 15.47
2021 14.92
2020 9.83
2019 12.61
2018 18.06

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Receivables 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
Receivables Turnover 12.57  17.40 

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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.