Phillips 66 (NYSE:PSX)

The data reveals a fluctuating trend in sales and other operating revenues over the observed period. Beginning at a high point in 2012, revenues show a general decline through 2016, dropping from 179,460 million US dollars to 84,279 million US dollars. This substantial decrease is followed by a recovery phase, with revenues rising again until 2018, reaching 111,461 million US dollars, before experiencing a slight decline in 2019.

Total assets demonstrate a steady upward trend over the same period. Starting at 48,073 million US dollars in 2012, total assets increase gradually each year, reaching 58,720 million US dollars by 2019. This growth suggests ongoing investment or acquisition activities, leading to an expanding asset base despite fluctuations in revenue.

The total asset turnover ratio, which measures the efficiency of asset use in generating sales, exhibits a marked downward trend from 2012 through 2016. The ratio declines from 3.73 in 2012 to a low of 1.63 in 2016. This indicates a significant decrease in asset productivity during this period. Although there is some recovery in the subsequent years, with the ratio improving to 2.05 by 2018, it declines again slightly in 2019 to 1.83. Overall, asset turnover remains considerably lower in the latter years compared to the initial period.

Sales and Other Operating Revenues

Experienced a sharp decline from 2012 through 2016, then partially rebounded with some fluctuations through 2019.

Total Assets

Displayed consistent growth over the entire period, increasing nearly 22% from 2012 to 2019.

Total Asset Turnover

Declined significantly between 2012 and 2016, reflecting reduced efficiency in asset utilization, with partial recovery afterwards, though still below initial levels.