USD 10,389 Mil as of today(2020-04-09). In depth view into Phillips 66 Accounts Payable & Accrued Expense explanation, calculation, historical data and more" />PSX Accounts Payable & Accrued Expense | Phillips 66 - GuruFocus.com
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Phillips 66 Accounts Payable & Accrued Expense

: USD 10,389 Mil (As of Dec. 2019)
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Phillips 66's quarterly accounts payable & accrued expense increased from Jun. 2019 (USD 10,002 Mil) to Sep. 2019 (USD 10,617 Mil) but then declined from Sep. 2019 (USD 10,617 Mil) to Dec. 2019 (USD 10,389 Mil).

Phillips 66's annual accounts payable & accrued expense declined from Dec. 2017 (USD 9,484 Mil) to Dec. 2018 (USD 8,144 Mil) but then increased from Dec. 2018 (USD 8,144 Mil) to Dec. 2019 (USD 10,389 Mil).


Phillips 66 Accounts Payable & Accrued Expense Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Phillips 66 Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,911.00 8,386.00 9,484.00 8,144.00 10,389.00

Phillips 66 Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 8,144.00 10,941.00 10,002.00 10,617.00 10,389.00

Phillips 66 Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

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