Phillips 66 (PSX)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		—	—	—	—	—
DSO	days	—	—	—	—	—

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Based on the provided data, Phillips 66 does not have specific values for the Days of Sales Outstanding (DSO) for the years ending December 31, 2020, 2021, 2022, 2023, and 2024.

DSO is a financial metric that measures the average number of days it takes a company to collect payment after making a sale. It is calculated by dividing accounts receivable by average daily sales. A lower DSO indicates that the company is collecting payments quickly, while a higher DSO suggests that the company may be facing challenges in collecting payments promptly.

Without the specific DSO figures for Phillips 66 for the mentioned years, it is challenging to assess the efficiency of the company in collecting payments from its customers. In general, a company should strive to maintain a balance in its DSO to ensure optimal cash flow management and liquidity.

It is recommended that additional financial data or information be obtained to conduct a more in-depth analysis of Phillips 66's Days of Sales Outstanding and its implications for the company's financial performance and working capital management.