Phillips 66 Inventory Turnover Ratio 2010-2023 | PSX
Current and historical inventory turnover ratio for Phillips 66 (PSX) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Phillips 66 inventory turnover ratio for the three months ending December 31, 2023 was 9.03.
| Phillips 66 Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing |
$65.590B |
$149.890B |
|
Phillips 66's operations incorporate refining, midstream, marketing and specialties, and chemicals. The company's operations include processing, transportation, storing and marketing fuels and products all over the world. The company operates through the four business segments, namely, Midstream, Chemicals, Refining, and Marketing and Specialties. Midstream gathers, processes, transports and markets natural gas; and transports, fractionates and markets NGL in the United States. In addition, this segment transports crude oil and other feedstocks to its refineries and other locations, and delivers refined and specialty products to the market. Chemicals manufacture and markets petrochemicals and plastics on a worldwide basis. Refining buys, sells and refines crude oil and other feedstocks at its refineries. Marketing and Specialties purchases for resale and markets refined products. In addition, this segment includes the manufacturing and marketing of specialty products.
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