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

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What is Parkway Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Parkway's Cost of Goods Sold for the three months ended in Jun. 2017 was $21.9 Mil. Parkway's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parkway's Days Inventory for the three months ended in Jun. 2017 was 0.00.

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 quarter that ended in Jun. 2017 was 0.00.

Parkway Inventory Turnover Historical Data

The historical data trend for Parkway's Inventory Turnover 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 Inventory Turnover Chart

Parkway Annual Data

Trend

Dec15

Dec16

Inventory Turnover

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

Parkway Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

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

	Inventory Turnover (Q: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2017 )	/ (	(Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )
=	21.932	/ (	(0	+	0)	/	1 )
=	21.932	/	0
=	N/A

Parkway (NYSE:PKY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

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

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

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 quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	0	/	41.348
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Parkway Inventory Turnover Related Terms

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Parkway (Parkway) Business Description

Industry

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

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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