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GuruFocus has detected 5 Warning Signs with HollyFrontier Corp $HFC.
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HollyFrontier Corp (NYSE:HFC)
Days Payable
31.48 (As of Dec. 2016)

HollyFrontier Corp's payable for the three months ended in Dec. 2016 was $935 Mil. HollyFrontier Corp's cost of goods sold for the three months ended in Dec. 2016 was $2,712 Mil. Hence, HollyFrontier Corp's days payable for the three months ended in Dec. 2016 was 31.48.

HFC' s Days Payable Range Over the Past 10 Years
Min: 21.55   Max: 77.46
Current: 35.97

21.55
77.46

During the past 13 years, HollyFrontier Corp's highest Days Payable was 77.46. The lowest was 21.55. And the median was 32.23.

HFC's Days Payable is ranked higher than
57% of the 106 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 32.95 vs. HFC: 35.97 )

HollyFrontier Corp's days payable increased from Dec. 2015 (22.74) to Dec. 2016 (31.48). It may suggest that HollyFrontier Corp delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

HollyFrontier Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=935.387/9492.828*365
=35.97

HollyFrontier Corp's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=935.387/2711.804*365 / 4
=31.48

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

HollyFrontier Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 67.8326.9977.4661.0940.9028.4926.1721.5522.6935.97

HollyFrontier Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 26.8022.4533.8631.9726.8922.7436.6335.3028.2031.48
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