Phillips 66 PSX Inventory turnover
Inventory turnover at other companies
Other financials
Where this comes from
Calculated from Phillips 66’s reported figures.
Based on trailing twelve months.
The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Phillips 66's inventory turnover?
- Phillips 66 (PSX) reported inventory turnover of 19.7× in Q1 2026.
- How has Phillips 66's inventory turnover changed year-over-year?
- Phillips 66's inventory turnover decreased by 9.5% year-over-year, from 21.7× to 19.7×.
- What is the long-term trend for Phillips 66's inventory turnover?
- Over 5 years (2020 to 2025), Phillips 66's inventory turnover has grown at a 11.2% compound annual growth rate (CAGR), from 15× to 25.5×.
- What does inventory turnover mean?
- How many times a year the company sells through and restocks its inventory.
- How do you interpret inventory turnover?
- Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
- How does inventory turnover compare across companies?
- Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.