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Parkway (Parkway) Days Inventory : 0.00 (As of Jun. 2017)


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What is Parkway Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Parkway's Average Total Inventories for the three months ended in Jun. 2017 was $0.0 Mil. Parkway's Cost of Goods Sold for the three months ended in Jun. 2017 was $21.9 Mil. Hence, Parkway's Days Inventory for the three months ended in Jun. 2017 was 0.00.

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

PKY's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 84.95
* Ranked among companies with meaningful Days Inventory only.

Parkway's Days Inventory stayed the same from Jun. 2016 (0.00) to Jun. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Parkway's Inventory-to-Revenue for the three months ended in Jun. 2017 was 0.00.


Parkway Days Inventory Historical Data

The historical data trend for Parkway's Days Inventory 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.

* Premium members only.

Parkway Days Inventory Chart

Parkway Annual Data
Trend Dec15 Dec16
Days Inventory
- -

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

Competitive Comparison of Parkway's Days Inventory

For the REIT - Office subindustry, Parkway's Days Inventory, along with its competitors' market caps and Days Inventory 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 Inventory Distribution in the REITs Industry

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

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



Parkway Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

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

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

Days Inventory (Q: Jun. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 21.932*365 / 4
=0 / 21.932*365 / 4
=0.00

* 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.


Parkway  (NYSE:PKY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Parkway's Inventory Turnover for the three months ended in Jun. 2017 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Parkway's Inventory to Revenue for the three months ended in Jun. 2017 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Parkway Days Inventory Related Terms

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


Parkway (Parkway) Business Description

Traded in Other Exchanges
N/A
Address
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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