Switch to:
Phillips 66  (NYSE:PSX) Days Payable: 39.06 (As of Mar. 2019)

Phillips 66's payable for the three months ended in Mar. 2019 was USD 9,013 Mil. Phillips 66's Cost of Goods Sold for the three months ended in Mar. 2019 was USD 21,055 Mil. Hence, Phillips 66's days payable for the three months ended in Mar. 2019 was 39.06.

NYSE:PSX' s Days Payable Range Over the Past 10 Years
Min: 21.68   Max: 41.26
Current: 33.62

21.68
41.26

During the past 10 years, Phillips 66's highest Days Payable was 41.26. The lowest was 21.68. And the median was 27.72.

NYSE:PSX's Days Payable is ranked lower than
54% of the 101 Companies
in the Global industry.

( Industry Median: 33.25 vs. NYSE:PSX: 33.62 )

Phillips 66's days payable increased from Mar. 2018 (31.99) to Mar. 2019 (39.06). It may suggest that Phillips 66 delayed paying its suppliers.


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

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.68 28.12 41.26 36.90 24.55

Phillips 66 Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Payable 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 31.99 33.09 32.35 24.37 39.06

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 Distribution

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



Calculation

Days Payable indicates the number of days that the account payable relative to revenue 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. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6586/97930*365
=24.55

Phillips 66's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9013/21055*365 / 4
=39.06

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


Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK