HF Sinclair Corp (DINO)
Working capital turnover
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Revenue | US$ in thousands | 31,786,900 | 38,041,400 |
Total current assets | US$ in thousands | 6,146,450 | 6,748,320 |
Total current liabilities | US$ in thousands | 2,774,550 | 3,245,530 |
Working capital turnover | 9.43 | 10.86 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $31,786,900K ÷ ($6,146,450K – $2,774,550K)
= 9.43