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Phillips 66 Days Inventory

: 22.12 (As of Mar. 2020)
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Phillips 66's Total Inventories for the three months ended in Mar. 2020 was $4,554 Mil. Phillips 66's Cost of Goods Sold for the three months ended in Mar. 2020 was $18,782 Mil. Hence, Phillips 66's Days Inventory for the three months ended in Mar. 2020 was 22.12.

NYSE:PSX' s Days Inventory Range Over the Past 10 Years
Min: 7.96   Med: 12.14   Max: 19.01
Current: 19.41
7.96
19.01

During the past 11 years, Phillips 66's highest Days Inventory was 19.01. The lowest was 7.96. And the median was 12.14.

NYSE:PSX's Days Inventory is ranked higher than
60% of the 776 Companies
in the Oil & Gas industry.

( Industry Median: 28.23 vs. NYSE:PSX: 19.41 )

Phillips 66's Days Inventory increased from Mar. 2019 (18.96) to Mar. 2020 (22.12). It might indicate that Phillips 66's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Phillips 66's Inventory Turnover for the three months ended in Mar. 2020 was 4.12.

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 three months ended in Mar. 2020 was 0.22.

Phillips 66 Days Inventory 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
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.84 19.01 14.80 12.75 13.79

Phillips 66 Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Days Inventory 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 18.96 19.13 20.06 16.03 22.12
Competitive Comparison
* 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.

Phillips 66 Days Inventory Distribution

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


Phillips 66 Days Inventory Calculation

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 fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (3543 + 3776) / 2 ) / 96870*365
=3659.5 / 96870*365
=13.79

Phillips 66's Days Inventory for the quarter that ended in Mar. 2020 is calculated as:

Days Inventory (Q: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (3776 + 5331) / 2 ) / 18782*365 / 4
=4553.5 / 18782*365 / 4
=22.12

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

Phillips 66  (NYSE:PSX) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Phillips 66's Days Sales of Inventory for the three months ended in Mar. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=4553.5/20878*365 / 4
=19.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Phillips 66's Inventory Turnover for the three months ended in Mar. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=18782 / 4553.5
=4.12

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 three months ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=4553.5 / 20878
=0.22

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

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Phillips 66 Days Inventory Related Terms

Phillips 66 Days Inventory Headlines

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