Other

Accounts receivable

Phillips 66 Accounts receivable increased by 18.9% to $9.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.7%, from $7.99B to $9.25B. Over 5 years (FY 2020 to FY 2025), Accounts receivable shows an upward trend with a 14.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ3 2025

How to read this metric

A rapid increase relative to sales may indicate deteriorating credit quality or collection delays.

Detailed definition

Gross accounts receivable represents the total amount owed to the company by customers for goods or services delivered b...

Peer comparison

Standard metric for assessing working capital efficiency across all sectors.

Metric ID: other_accounts_receivable_gross

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.14B$8.60B$11.04B$11.39B$8.75B$7.32B$7.63B$10.14B$9.64B$9.59B$8.92B$8.54B$8.62B$7.99B$9.03B$8.62B$7.78B$9.25B
QoQ Change+40.1%+28.3%+3.2%-23.2%-16.4%+4.3%+32.8%-4.9%-0.5%-7.0%-4.2%+0.9%-7.2%+13.0%-4.5%-9.8%+18.9%
YoY Change+42.5%-15.0%-30.9%-11.0%+10.2%+31.1%+16.8%-15.7%-10.6%-16.7%+1.2%+0.9%-9.7%+15.7%
Range$6.14B$11.39B
CAGR+10.1%
Avg YoY Growth+0.6%
Median YoY Growth-4.4%

Frequently Asked Questions

What is Phillips 66's accounts receivable?
Phillips 66 (PSX) reported accounts receivable of $9.25B in Q1 2026.
How has Phillips 66's accounts receivable changed year-over-year?
Phillips 66's accounts receivable increased by 15.7% year-over-year, from $7.99B to $9.25B.
What is the long-term trend for Phillips 66's accounts receivable?
Over 5 years (2020 to 2025), Phillips 66's accounts receivable has grown at a 14.7% compound annual growth rate (CAGR), from $3.91B to $7.78B.
What does accounts receivable mean?
The total amount of money customers owe the company for products or services provided.