Discontinued — last reported Q4 '25
Phillips 66 Change in AP increased by 349.8% to $3.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 687.2%, from $384.00M to $3.02B. Over 2 years (FY 2023 to FY 2025), Change in AP shows a downward trend with a 29.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests the company is successfully leveraging its scale to negotiate better payment terms with its supply chain.
Accounts payable represents the change in the amount the company owes to its suppliers for materials or services purchas...
Dominant market leaders often have high accounts payable as they can dictate longer payment terms to their vendors.
change_in_accounts_payable| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '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 | $703.00M | $241.00M | $4.81B | $476.00M | -$2.63B | -$739.00M | -$184.00M | $2.27B | -$1.82B | $1.68B | -$120.00M | -$1.46B | -$593.00M | $384.00M | $691.00M | -$669.00M | -$1.21B | $3.02B |
| QoQ Change | — | -65.7% | >999% | -90.1% | -652.3% | +71.9% | +75.1% | >999% | -180.5% | +192.0% | -107.2% | <-999% | +59.3% | +164.8% | +79.9% | -196.8% | -80.9% | +349.8% |
| YoY Change | — | — | — | -32.3% | <-999% | -115.4% | -138.7% | +186.2% | — | +327.1% | +34.8% | -164.2% | +67.5% | -77.1% | +675.8% | +54.1% | -104.0% | +687.2% |