HF Sinclair Corp (DINO)

Short-term

Turnover ratios

The Inventory Turnover ratio of HF Sinclair Corp shows a fluctuating pattern over the observed period, ranging from a high of 15.49 on March 31, 2020, to a low of 5.72 on March 31, 2021. This ratio indicates how many times the company's inventory was sold and replaced during the period, with higher numbers generally indicating efficient inventory management.

The Receivables Turnover ratio data is missing for all the periods provided, suggesting that this company may not have significant accounts receivable turnover or may not maintain detailed records of this metric.

Similarly, the Payables Turnover ratio data is also unavailable for all the periods, which limits our ability to analyze how well the company manages its trade credit and pays its suppliers.

The Working Capital Turnover ratio measures how efficiently the company is utilizing its working capital to generate sales. HF Sinclair Corp's ratio shows fluctuations throughout the period, indicating varying levels of efficiency in utilizing its current assets to support sales. An increasing trend in this ratio may indicate that the company is becoming more efficient in generating sales with its available working capital.

Overall, the Inventory Turnover and Working Capital Turnover ratios provide insights into the operational efficiency and liquidity management of HF Sinclair Corp, while the absence of Receivables Turnover and Payables Turnover data limits a comprehensive analysis of the company's activity ratios.

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Average number of days

HF Sinclair Corp's Days of Inventory on Hand (DOH) ratio has shown fluctuations over the past few years, ranging from a low of 23.57 days on March 31, 2020, to a high of 63.82 days on March 31, 2021. The company's inventory turnover seems to have improved gradually, with DOH decreasing to 38.47 days by December 31, 2024.

However, data for Days of Sales Outstanding (DSO) and Number of Days of Payables are not provided, limiting the comprehensive analysis of the company's activity ratios related to accounts receivable and accounts payable turnover. It would be beneficial for a more detailed evaluation of HF Sinclair Corp's working capital management to have information on DSO and payables turnover.

Overall, based on the available information, the trend in HF Sinclair Corp's DOH ratio indicates changes in the efficiency of managing inventory levels, reflecting potential shifts in production, sales, and demand dynamics over the analyzed period.

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Long-term

The Fixed Asset Turnover ratio for HF Sinclair Corp has shown a fluctuating trend over the past few years, starting at 3.56 in March 2020 and decreasing to 2.27 by December 2020. The ratio then gradually increased and peaked at 5.43 by December 2022 before stabilizing around 5.04 to 4.82 from June to September 2023. Notably, data is missing for the periods after December 2023.

On the other hand, the Total Asset Turnover ratio shows a similar pattern of fluctuation, albeit less volatile compared to the Fixed Asset Turnover ratio. The ratio started at 1.51 in March 2020, decreased to 0.97 by December 2020, and then demonstrated an upward trajectory, reaching 2.11 by December 2022. Subsequently, the ratio fluctuated around 1.80 to 1.75 from March to June 2024.

Overall, the Fixed Asset Turnover ratio reflects how efficiently HF Sinclair Corp is utilizing its fixed assets to generate sales, while the Total Asset Turnover ratio provides insights into the efficiency of the company in using all its assets to generate revenue. The increasing trend in both ratios from 2020 to 2022 indicates improved efficiency in asset utilization, but the stabilization and slight decline in the later periods warrant further monitoring to assess the company's long-term asset management performance.