Phillips 66's average Accounts Payable for the
three
months ended in Mar. 2026 was CHF8,208 Mil. Phillips 66's Cost of Goods Sold for the
three
months ended in Mar. 2026 was CHF23,441 Mil.
Hence, Phillips 66's Days Payable for the
three
months ended in Mar. 2026 was 31.95.
The historical rank and industry rank for Phillips 66's Days Payable or its related term are showing as below:
XSWX:PSX'
s Days Payable Range Over the Past 10 Years
Min: 23.82 Med: 29.29 Max: 43.61
Current: 31.79
During the past 13 years, Phillips 66's highest Days Payable was 43.61. The lowest was 23.82. And the median was 29.29.
XSWX:PSX's Days Payable is ranked worse than 75.27% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs XSWX:PSX: 31.79
Phillips 66's Days Payable
declined
from Mar. 2025 (33.87) to Mar. 2026 (31.95).
It may suggest that Phillips 66accelerated paying its suppliers.
Phillips 66 Days Payable Related Terms
Phillips 66 Days Payable Historical Data
* Premium members only.
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.
XSWX:PSX vs MPC, VLO, DINO: Days Payable Comparison
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.
Phillips 66 Days Payable vs Oil & Gas Industry
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. 2025 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 (XSWX:PSX) has a Days Payable of 31.95 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Phillips 66 and its competitors. This is near median its historical median of 29.29. Over the past decade, Phillips 66's Days Payable has ranged from 23.82 to 43.61. According to the industry distribution chart, Phillips 66 ranks #639 out of 849 companies in the Oil & Gas industry, placing it in the top 75.3%.
Is Phillips 66's Days Payable too high?
Phillips 66's current Days Payable of 31.95 is near median its 10-year median of 29.29. Over the past 10 years, this metric has ranged from a low of 23.82 to a high of 43.61. The Oil & Gas industry median Days Payable is 57.95. Phillips 66's value of 31.95 is 44.9% below this industry median. Based on the distribution chart, Phillips 66 ranks #639 out of 849 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Phillips 66 has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's Days Payable compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Phillips 66 ranks #639 out of 849 companies for Days Payable. This places Phillips 66 in the lower half of its industry. The industry median Days Payable is 57.95. Phillips 66's value of 31.95 is 44.9% below this benchmark. Historically, Phillips 66's own Days Payable has ranged from 23.82 to 43.61 over the past decade. While the company's 10-year median is 29.29 vs. the industry median of 57.95, Phillips 66 has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phillips 66's current Days Payable of 31.95 is 44.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Phillips 66 and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phillips 66's current Days Payable is 31.95, which is near median its own 10-year median of 29.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Phillips 66 (XSWX:PSX) has a current Days Payable of 31.95. The stock's GF Value™ is CHF109.85, compared to a current price of CHF138.77 — trading 26.3% above its estimated fair value. The current Days Payable is 31.95, which is near median its 10-year median of 29.29 and 44.9% below the Oil & Gas industry median of 57.95. Phillips 66's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Phillips 66 (XSWX:PSX), the current Days Payable is 31.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Phillips 66 (XSWX:PSX) Overvalued in 2026?
Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued.
The current stock price of CHF138.77 is trading 26.3% above its estimated GF Value™ of CHF109.85.
Key valuation signals for XSWX:PSX:
Days Payable: 31.95 (near median its 10-year median of 29.29)
GF Value™: CHF109.85 vs. price of CHF138.77 (26.3% above fair value)
Industry Position: 44.9% below the Oil & Gas median (#639 of 849)
No single metric tells the full story. See the XSWX:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
68GF Score
Get the complete analysis for XSWX:PSX
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:PSX has been successfully added to your 
