Current Assets
Prepaid & Other Current
Phillips 66 Prepaid & Other Current increased by 180.7% to $3.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 171.9%, from $1.33B to $3.61B. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 30.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.
Detailed definition
Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...
Peer comparison
Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $759.00M | $716.00M | $686.00M | $1.53B | $1.71B | $1.58B | $1.53B | $934.00M | $1.03B | $1.25B | $1.14B | $1.32B | $1.06B | $1.19B | $1.14B | $1.33B | $1.48B | $1.62B | $1.29B | $3.61B |
| QoQ Change | — | -5.7% | -4.2% | +123.6% | +11.5% | -7.6% | -3.3% | -38.9% | +10.4% | +21.1% | -8.9% | +15.6% | -19.2% | +12.2% | -4.1% | +16.2% | +11.2% | +9.3% | -20.4% | +180.7% |
| YoY Change | — | — | — | — | +125.3% | +120.7% | +122.7% | -39.1% | -39.7% | -20.9% | -25.5% | +40.9% | +3.1% | -4.5% | +0.5% | +1.0% | +39.0% | +35.5% | +12.5% | +171.9% |
Range$686.00M – $3.61B
CAGR+38.9%
Avg YoY Growth+34.0%
Median YoY Growth+7.8%
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Phillips 66's prepaid & other current?
- Phillips 66 (PSX) reported prepaid & other current of $3.61B in Q1 2026.
- How has Phillips 66's prepaid & other current changed year-over-year?
- Phillips 66's prepaid & other current increased by 171.9% year-over-year, from $1.33B to $3.61B.
- What is the long-term trend for Phillips 66's prepaid & other current?
- Over 5 years (2020 to 2025), Phillips 66's prepaid & other current has grown at a 30.0% compound annual growth rate (CAGR), from $347.00M to $1.29B.
- What does prepaid & other current mean?
- Assets representing payments made for future services or miscellaneous short-term holdings.