The amount of inductors (aka. coil/choke) is usually a good way to determine the amount of phases. On video cards it's pretty much the rule. But it doesn't
always stand...

"Phase" is essentially a
chain of mosfets that gradually converts 12V source voltage into core voltage that chips like GPUs and CPUs operate on.
Mosfets and their configuration define individual phases.
and how many does
this card have.....5
That card has, infact,
two vGPU phases + 1 vMEM + 1 vDDQ ("the other memory voltage").
So this card is a good exception of the "inductor rule".
On a quick glance one would say there's 4 vGPU phases as there's 4 vGPU coils... But if you look closely you'll see that each of the vGPU mosfets has a pair that is soldered on pads directly connected to each other. Both phases are built out of 4 mosfets which are set up in two pairs. Each mosfet shares the load with another mosfet by it's side.
1: vGPU coil #1, two parallel coils
2: vGPU phase #1, four mosfets (2 high + 2 low side)
3: vGPU coil #2, two parallel coils
4: vGPU phase #2, four mosfets (2 high + 2 low side)
5: vMEM coil
6: vMEM phase, 2 mosfets (1 high + 1 low side)
7: vDDQ coil
8: vDDQ phase, 2 mosfets (1 high + 1 low side)