Parkway (Parkway) Days Payable : 138.26 (As of Jun. 2017)

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What is Parkway Days Payable?

Parkway's average Accounts Payable for the three months ended in Jun. 2017 was $33.2 Mil. Parkway's Cost of Goods Sold for the three months ended in Jun. 2017 was $21.9 Mil. Hence, Parkway's Days Payable for the three months ended in Jun. 2017 was 138.26.

The historical rank and industry rank for Parkway's Days Payable or its related term are showing as below:

PKY's Days Payable is not ranked ^*
in the REITs industry.
Industry Median: 125.84
* Ranked among companies with meaningful Days Payable only.

Parkway's Days Payable increased from Jun. 2016 (0.00) to Jun. 2017 (138.26). It may suggest that Parkway delayed paying its suppliers.

Parkway Days Payable Historical Data

The historical data trend for Parkway's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Parkway Days Payable Chart

Parkway Annual Data

Trend

Dec15

Dec16

Days Payable

Parkway Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Payable	Get a 7-Day Free Trial			-	-	-	108.44	138.26

Competitive Comparison of Parkway's Days Payable

For the REIT - Office subindustry, Parkway's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Parkway's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway's Days Payable distribution charts can be found below:

* The bar in red indicates where Parkway's Days Payable falls into.

Parkway Days Payable Calculation

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

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

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0	+	47.219)	/	1 )	/	0	*	365
=	47.219					/	0	*	365
=	N/A

Parkway's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

	Days Payable (Q: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2017 )	+	Accounts Payable (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (29.288	+	37.175)	/	2 )	/	21.932	*	365 / 4
=	33.2315					/	21.932	*	365 / 4
=	138.26

Parkway Days Payable Related Terms

Thank you for viewing the detailed overview of Parkway's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Parkway (Parkway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Inc (NYSE:PKY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.pky.com

Parkway Inc is a self-managed office REIT, engaged in the ownership, acquisition, development and leasing of Class A office properties focused on Houston, Texas submarkets.

Executives

Hance James H Jr	director	C/O ACUITY BRANDS, INC., 1170 PEACHTREE STR NE, ATLANTA GA 30309
R Dary Stone	director	3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Craig B Jones	director	2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
James R Heistand	director, officer: President and CEO	5127 FAIRWAY OAKS DRIVE, WINDERMERE FL 34786
Avi Banyasz	director	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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