HF Sinclair Corp (DINO)

The Days of Sales Outstanding (DSO) for HF Sinclair Corp. have shown variability over the past eight quarters. The trend indicates a decrease in DSO from Q1 2022 to Q2 2023, with some fluctuations observed during this period. Q1 2023 had the lowest DSO at 15.82 days, indicating a shorter duration taken by the company to collect its accounts receivable. On the other hand, the highest DSO was recorded in Q1 2022 at 37.02 days, suggesting a longer collection period during that quarter.

Overall, the declining trend in DSO from Q1 2022 to Q1 2023 reflects an improvement in the company's accounts receivable management efficiency. However, a slight increase in DSO from Q1 2023 to Q3 2023 warrants monitoring, as it may indicate potential challenges in collections or changes in customer payment behaviors. Further analysis of the underlying reasons for these fluctuations would provide valuable insights into the company's working capital management and financial performance.