Phillips 66 Inventories increased by 31.9% to $6.72B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.3%, from $5.24B to $6.72B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
inventories| 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 | $4.75B | $4.40B | $3.39B | $4.53B | $4.58B | $4.29B | $3.28B | $5.45B | $6.38B | $5.73B | $3.75B | $6.29B | $6.52B | $6.04B | $4.00B | $5.24B | $5.58B | $6.42B | $5.10B | $6.72B |
| QoQ Change | — | -7.4% | -22.9% | +33.5% | +1.1% | -6.2% | -23.7% | +66.2% | +17.2% | -10.2% | -34.6% | +67.6% | +3.8% | -7.4% | -33.8% | +31.2% | +6.5% | +15.0% | -20.6% | +31.9% |
| YoY Change | — | — | — | — | -3.6% | -2.4% | -3.5% | +20.2% | +39.3% | +33.5% | +14.5% | +15.4% | +2.2% | +5.3% | +6.5% | -16.6% | -14.4% | +6.3% | +27.6% | +28.3% |