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Phillips 66's average Accounts Payable for the three months ended in Sep. 2024 was $11,614 Mil. Phillips 66's Cost of Goods Sold for the three months ended in Sep. 2024 was $32,737 Mil. Hence, Phillips 66's Days Payable for the three months ended in Sep. 2024 was 32.37.
The historical rank and industry rank for Phillips 66's Days Payable or its related term are showing as below:
During the past 13 years, Phillips 66's highest Days Payable was 43.61. The lowest was 23.82. And the median was 29.87.
Phillips 66's Days Payable increased from Sep. 2023 (30.33) to Sep. 2024 (32.37). It may suggest that Phillips 66 delayed paying its suppliers.
The historical data trend for Phillips 66's Days Payable 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.
Phillips 66 Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Payable | Get a 7-Day Free Trial | 28.56 | 43.61 | 24.65 | 23.82 | 31.18 |
Phillips 66 Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Days Payable | Get a 7-Day Free Trial | 30.33 | 31.35 | 32.43 | 32.21 | 32.37 |
For the Oil & Gas Refining & Marketing subindustry, Phillips 66's Days Payable, along with its competitors' market caps and Days Payable 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.
For the Oil & Gas industry and Energy sector, Phillips 66's Days Payable distribution charts can be found below:
* The bar in red indicates where Phillips 66's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Phillips 66's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as
Days Payable (A: Dec. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Dec. 2022 ) | + | Accounts Payable (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (11323 | + | 10901) | / | 2 ) | / | 130063 | * | 365 |
= | 11112 | / | 130063 | * | 365 | ||||
= | 31.18 |
Phillips 66's Days Payable for the quarter that ended in Sep. 2024 is calculated as:
Days Payable (Q: Sep. 2024 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Jun. 2024 ) | + | Accounts Payable (Q: Sep. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | ( (12322 | + | 10906) | / | 2 ) | / | 32737 | * | 365 / 4 |
= | 11614 | / | 32737 | * | 365 / 4 | ||||
= | 32.37 |
* 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.
Thank you for viewing the detailed overview of Phillips 66's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
Joseph Scott Pruitt | officer: Vice President and Controller | 2331 CITYWEST BLVD., HOUSTON TX 77042 |
Richard G Harbison | officer: Senior VP, Refining | 2331 CITYWEST BLVD., HOUSTON TX 77042 |
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 |
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 |
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 |
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