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
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

Significant changes usually reflect timing differences in vendor payments or shifts in short-term operational requirements.

Detailed definition

Payments made in advance for goods or services to be received within one year, along with other miscellaneous short-term...

Peer comparison

Usually a small percentage of total assets for tech hardware firms, though it can spike during major production ramp-ups.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%

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?
Bills paid in advance and other small assets that will be used up within the next twelve months.