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Phillips 66 (Phillips 66) Days Sales Outstanding : 28.26 (As of Dec. 2023)


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What is Phillips 66 Days Sales Outstanding?

Phillips 66's average Accounts Receivable for the three months ended in Dec. 2023 was $11,853 Mil. Phillips 66's Revenue for the three months ended in Dec. 2023 was $38,270 Mil. Hence, Phillips 66's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.26.

The historical rank and industry rank for Phillips 66's Days Sales Outstanding or its related term are showing as below:

PSX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.12   Med: 23.86   Max: 42.78
Current: 26.48

During the past 13 years, Phillips 66's highest Days Sales Outstanding was 42.78. The lowest was 19.12. And the median was 23.86.

PSX's Days Sales Outstanding is ranked better than
80.3% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs PSX: 26.48

Phillips 66's Days Sales Outstanding increased from Dec. 2022 (27.91) to Dec. 2023 (28.26).


Phillips 66 Days Sales Outstanding Historical Data

The historical data trend for Phillips 66's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phillips 66 Days Sales Outstanding Chart

Phillips 66 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.98 42.78 22.91 19.81 28.12

Phillips 66 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.91 26.94 24.42 24.67 28.26

Competitive Comparison of Phillips 66's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Phillips 66's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phillips 66's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Phillips 66's Days Sales Outstanding falls into.



Phillips 66 Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Phillips 66's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (10985 + 11730) / 2 ) / 147399*365
=11357.5 / 147399*365
=28.12

Phillips 66's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (11976 + 11730) / 2 ) / 38270*365 / 4
=11853 / 38270*365 / 4
=28.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Phillips 66  (NYSE:PSX) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Phillips 66 Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Phillips 66's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Phillips 66 (Phillips 66) Business Description

Industry
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.9 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility will cease operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Executives
Zhanna Golodryga officer: Executive Vice President PO BOX 10247, BIRMINGHAM AL 35202-0247
Vanessa Allen Sutherland officer: EVP, GC and Secretary 650 W PEACHTREE ST NW, ATLANTA GA 30308
Joseph Scott Pruitt officer: Vice President and Controller 2331 CITYWEST BLVD., HOUSTON TX 77042
Kevin J Mitchell officer: Exec. VP, Finance and CFO 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Timothy D. Roberts officer: Executive Vice President C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Greg C. Garland officer: Chairman, Pres. and CEO-Desig 2331 CITYWEST BLVD., HOUSTON TX 77042
Brian Mandell officer: Senior Vice President 370 17TH STREET, SUITE 2500, DENVER CO 80202
Gregory Hayes director 870 WINTER STREET, WALTHAM MA 02451
Paula Ann Johnson officer: SVP, Gen Counsel & Sec (Desig) 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Richard G Harbison officer: Senior VP, Refining 2331 CITYWEST BLVD., HOUSTON TX 77042
Robert A Herman officer: Executive Vice President 3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042
Douglas T Terreson director 2331 CITYWEST BLVD., HOUSTON TX 77042
Denise R Singleton director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark E Lashier officer: President and COO 2331 CITYWEST BLVD., HOUSTON TX 77042
Charles M Holley director

Phillips 66 (Phillips 66) Headlines