PHINIA INC. Files 2023 10-K, Details Automotive Parts Performance
Ticker: PHIN · Form: 10-K · Filed: 2024-02-28T00:00:00.000Z
Sentiment: neutral
Topics: earnings, automotive, 10-K, annual-report
TL;DR
**PHINIA INC. just dropped its 2023 10-K, giving us the full financial picture for the automotive parts giant.**
AI Summary
PHINIA INC. filed its 10-K on February 28, 2024, for the fiscal year ended December 31, 2023. The company, a motor vehicle parts and accessories manufacturer based in Auburn Hills, MI, operates under SIC code 3714. This filing provides a comprehensive overview of its financial performance and operational status for the reported period.
Why It Matters
This filing offers crucial insights into the financial health and operational trajectory of a key player in the automotive parts sector, impacting supply chains and vehicle manufacturing.
Risk Assessment
Risk Level: medium — As a motor vehicle parts manufacturer, PHINIA INC. is exposed to cyclical demand, supply chain disruptions, and technological shifts within the automotive industry.
Key Players & Entities
- PHINIA INC. (company) — filer of 10-K
- February 28, 2024 (date) — filing date of 10-K
- December 31, 2023 (date) — conformed period of report end date
- Auburn Hills, MI (company) — business address city and state
- 001-41708 (company) — SEC file number
FAQ
What is the filing date of PHINIA INC.'s 10-K?
The filing date of PHINIA INC.'s 10-K is February 28, 2024.
What is the conformed period of report for this 10-K?
The conformed period of report for this 10-K ended on December 31, 2023.
What is the business address of PHINIA INC.?
PHINIA INC.'s business address is 3000 UNIVERSITY DRIVE, AUBURN HILLS, MI 48326.
What is PHINIA INC.'s Standard Industrial Classification (SIC) code?
PHINIA INC.'s SIC code is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
What is the SEC file number for PHINIA INC.?
The SEC file number for PHINIA INC. is 001-41708.
From the Filing
0001968915-24-000007.txt : 20240228 0001968915-24-000007.hdr.sgml : 20240228 20240228151019 ACCESSION NUMBER: 0001968915-24-000007 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 166 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHINIA INC. CENTRAL INDEX KEY: 0001968915 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41708 FILM NUMBER: 24694375 BUSINESS ADDRESS: STREET 1: 3000 UNIVERSITY DRIVE CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 947-262-8147 MAIL ADDRESS: STREET 1: 3000 UNIVERSITY DRIVE CITY: AUBURN HILLS STATE: MI ZIP: 48326 10-K 1 phin-20231231.htm 10-K phin-20231231 0001968915 false 2023 FY P3Y P15Y P3Y P1Y P3Y http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense P2Y 3 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0001968915 2023-01-01 2023-12-31 0001968915 2023-06-30 iso4217:USD 0001968915 2024-02-21 xbrli:shares 0001968915 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:ForeignExchangeContractMember 2023-12-31 0001968915 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:ForeignExchangeContractMember 2022-12-31 0001968915 2023-12-31 0001968915 2022-12-31 iso4217:USD xbrli:shares 0001968915 us-gaap:CommonStockMember 2023-12-31 0001968915 2022-01-01 2022-12-31 0001968915 2021-01-01 2021-12-31 0001968915 us-gaap:RelatedPartyMember 2023-01-01 2023-12-31 0001968915 us-gaap:RelatedPartyMember 2022-01-01 2022-12-31 0001968915 us-gaap:RelatedPartyMember 2021-01-01 2021-12-31 0001968915 2021-12-31 0001968915 2020-12-31 0001968915 us-gaap:CommonStockMember 2020-12-31 0001968915 us-gaap:TreasuryStockCommonMember 2020-12-31 0001968915 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001968915 us-gaap:RetainedEarningsMember 2020-12-31 0001968915 phin:InvestmentInLieuOfStockholdersEquityMember 2020-12-31 0001968915 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001968915 us-gaap:NoncontrollingInterestMember 2020-12-31 0001968915 phin:InvestmentInLieuOfStockholdersEquityMember 2021-01-01 2021-12-31 0001968915 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001968915 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001968915 phin:InvestmentInLieuOfStockholdersEquityMember 2021-12-31 0001968915 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001968915 us-gaap:NoncontrollingInterestMember 2021-12-31 0001968915 phin:InvestmentInLieuOfStockholdersEquityMember 2022-01-01 2022-12-31 0001968915 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0001968915 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001968915 us-gaap:RetainedEarningsMember 2022-12-31 0001968915 phin:InvestmentInLieuOfStockholdersEquityMember 2022-12-31 0001968915 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001968915 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001968915 us-gaap:Noncontrolling