Phillips 66's change in inventory for the quarter that ended in Dec. 2023 was $2,017 Mil. It means Phillips 66's inventory
declined by $2,017 Mil
from Sep. 2023 to Dec. 2023 .
Phillips 66's change in inventory for the fiscal year that ended in Dec. 2023 was $-245 Mil. It means Phillips 66's inventory
increased by $245 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Phillips 66's Days Inventory for the quarter that ended in Dec. 2023 was 12.59.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Phillips 66's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.25.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Phillips 66's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.
Phillips 66 Change In Inventory Historical Data
The historical data trend for Phillips 66's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-245 Mil.
* 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) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Phillips 66's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Phillips 66's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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 Change In Inventory Related Terms
Thank you for viewing the detailed overview of Phillips 66's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PSX has been successfully added to your 