Analysis of Geographic Areas
Phillips 66 operates in 4 regions: United States; United Kingdom; Germany; and Other foreign countries.
Area Asset Turnover
Phillips 66, asset turnover by geographic area
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 2.29 | 2.50 | 2.28 | 1.84 | 2.35 |
| United Kingdom | 7.85 | 9.28 | 8.47 | 8.41 | 8.31 |
| Germany | 6.74 | 7.64 | 11.32 | 12.18 | 13.12 |
| Other foreign countries | 106.08 | 106.09 | 98.44 | 97.86 | 92.18 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
| United Kingdom | United Kingdom area asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. | |
| Germany | Germany area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. | |
| Other foreign countries | Other foreign countries area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Area Asset Turnover: United States
Phillips 66; United States; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales and other operating revenues | 83,512) | 86,401) | 75,684) | 59,742) | 69,578) |
| Long-lived assets | 36,407) | 34,587) | 33,264) | 32,442) | 29,624) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.29 | 2.50 | 2.28 | 1.84 | 2.35 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Sales and other operating revenues ÷ Long-lived assets
= 83,512 ÷ 36,407 = 2.29
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Area Asset Turnover: United Kingdom
Phillips 66; United Kingdom; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales and other operating revenues | 9,863) | 11,054) | 10,626) | 9,895) | 12,120) |
| Long-lived assets | 1,256) | 1,191) | 1,254) | 1,177) | 1,459) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 7.85 | 9.28 | 8.47 | 8.41 | 8.31 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Sales and other operating revenues ÷ Long-lived assets
= 9,863 ÷ 1,256 = 7.85
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Area Asset Turnover: Germany
Phillips 66; Germany; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales and other operating revenues | 4,053) | 4,352) | 6,692) | 6,128) | 6,584) |
| Long-lived assets | 601) | 570) | 591) | 503) | 502) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 6.74 | 7.64 | 11.32 | 12.18 | 13.12 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Sales and other operating revenues ÷ Long-lived assets
= 4,053 ÷ 601 = 6.74
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Germany | Germany area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Area Asset Turnover: Other foreign countries
Phillips 66; Other foreign countries; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales and other operating revenues | 9,865) | 9,654) | 9,352) | 8,514) | 10,693) |
| Long-lived assets | 93) | 91) | 95) | 87) | 116) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 106.08 | 106.09 | 98.44 | 97.86 | 92.18 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Sales and other operating revenues ÷ Long-lived assets
= 9,865 ÷ 93 = 106.08
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other foreign countries | Other foreign countries area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Sales and other operating revenues
Phillips 66, sales and other operating revenues by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 83,512) | 86,401) | 75,684) | 59,742) | 69,578) |
| United Kingdom | 9,863) | 11,054) | 10,626) | 9,895) | 12,120) |
| Germany | 4,053) | 4,352) | 6,692) | 6,128) | 6,584) |
| Other foreign countries | 9,865) | 9,654) | 9,352) | 8,514) | 10,693) |
| Worldwide consolidated | 107,293) | 111,461) | 102,354) | 84,279) | 98,975) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Long-lived assets
Phillips 66, long-lived assets by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 36,407) | 34,587) | 33,264) | 32,442) | 29,624) |
| United Kingdom | 1,256) | 1,191) | 1,254) | 1,177) | 1,459) |
| Germany | 601) | 570) | 591) | 503) | 502) |
| Other foreign countries | 93) | 91) | 95) | 87) | 116) |
| Worldwide consolidated | 38,357) | 36,439) | 35,204) | 34,209) | 31,701) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).