Phillips Inventory Turnover from 2010 to 2024

PSX Stock  USD 133.27  1.86  1.42%   
Phillips Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 35.59 in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
36.33226667
Current Value
35.59
Quarterly Volatility
11.01046414
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Phillips 66 over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Phillips' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Phillips Inventory Turnover Regression Statistics

Arithmetic Mean32.63
Geometric Mean30.82
Coefficient Of Variation33.75
Mean Deviation9.45
Median30.56
Standard Deviation11.01
Sample Variance121.23
Range35.8596
R-Value(0.18)
Mean Square Error126.18
R-Squared0.03
Significance0.51
Slope(0.45)
Total Sum of Squares1,697

Phillips Inventory Turnover History

2024 35.59
2023 36.33
2022 46.26
2021 30.56
2020 15.18
2019 25.65
2018 28.02

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 36.33  35.59 

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Additional Tools for Phillips Stock Analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.