DINO Inventory Turnover from 2010 to 2024
| DINO Stock | USD 57.17 0.32 0.56% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 9.18103785 | Current Value 15.58 | Quarterly Volatility 2.96941695 |
Check HF Sinclair financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DINO main balance sheet or income statement drivers, such as Depreciation And Amortization of 809.1 M, Interest Expense of 200.3 M or Total Revenue of 33.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0433 or PTB Ratio of 0.99. DINO financial statements analysis is a perfect complement when working with HF Sinclair Valuation or Volatility modules.
DINO | Inventory Turnover |
Latest HF Sinclair's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of HF Sinclair Corp over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. HF Sinclair's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HF Sinclair's overall financial position and show how it may be relating to other accounts over time.
| Inventory Turnover | 10 Years Trend |
|
Inventory Turnover |
| Timeline |
DINO Inventory Turnover Regression Statistics
| Arithmetic Mean | 10.90 | |
| Geometric Mean | 10.54 | |
| Coefficient Of Variation | 27.25 | |
| Mean Deviation | 2.36 | |
| Median | 10.26 | |
| Standard Deviation | 2.97 | |
| Sample Variance | 8.82 | |
| Range | 10.1588 | |
| R-Value | (0.24) | |
| Mean Square Error | 8.93 | |
| R-Squared | 0.06 | |
| Significance | 0.38 | |
| Slope | (0.16) | |
| Total Sum of Squares | 123.44 |
DINO Inventory Turnover History
About HF Sinclair Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include HF Sinclair income statement, its balance sheet, and the statement of cash flows. HF Sinclair investors use historical funamental indicators, such as HF Sinclair's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although HF Sinclair investors may use each financial statement separately, they are all related. The changes in HF Sinclair's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HF Sinclair's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on HF Sinclair Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HF Sinclair. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Inventory Turnover | 9.18 | 15.58 |
HF Sinclair Investors Sentiment
The influence of HF Sinclair's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DINO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to HF Sinclair's public news can be used to forecast risks associated with an investment in DINO. The trend in average sentiment can be used to explain how an investor holding DINO can time the market purely based on public headlines and social activities around HF Sinclair Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
HF Sinclair's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HF Sinclair's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average HF Sinclair's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HF Sinclair.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HF Sinclair in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HF Sinclair's short interest history, or implied volatility extrapolated from HF Sinclair options trading.
Pair Trading with HF Sinclair
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HF Sinclair position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HF Sinclair will appreciate offsetting losses from the drop in the long position's value.Moving together with DINO Stock
| 0.88 | DK | Delek Energy Financial Report 13th of May 2024 | PairCorr |
| 0.96 | CVI | CVR Energy Earnings Call This Week | PairCorr |
Moving against DINO Stock
| 0.65 | SGU | Star Gas Partners | PairCorr |
| 0.54 | CLNE | Clean Energy Fuels Financial Report 14th of May 2024 | PairCorr |
| 0.42 | CSAN | Cosan SA ADR Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to HF Sinclair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HF Sinclair when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HF Sinclair - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HF Sinclair Corp to buy it.
The correlation of HF Sinclair is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HF Sinclair can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of HF Sinclair Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for DINO Stock analysis
When running HF Sinclair's price analysis, check to measure HF Sinclair's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HF Sinclair is operating at the current time. Most of HF Sinclair's value examination focuses on studying past and present price action to predict the probability of HF Sinclair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HF Sinclair's price. Additionally, you may evaluate how the addition of HF Sinclair to your portfolios can decrease your overall portfolio volatility.
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Is HF Sinclair's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HF Sinclair. If investors know DINO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HF Sinclair listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1.8 | Earnings Share 8.29 | Revenue Per Share 168.203 | Quarterly Revenue Growth (0.15) |
The market value of HF Sinclair Corp is measured differently than its book value, which is the value of DINO that is recorded on the company's balance sheet. Investors also form their own opinion of HF Sinclair's value that differs from its market value or its book value, called intrinsic value, which is HF Sinclair's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HF Sinclair's market value can be influenced by many factors that don't directly affect HF Sinclair's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HF Sinclair's value and its price as these two are different measures arrived at by different means. Investors typically determine if HF Sinclair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HF Sinclair's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.