Parkway (Parkway) Total Inventories : $0.0 Mil (As of Jun. 2017)

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What is Parkway Total Inventories?

Parkway's total inventories for the quarter that ended in Jun. 2017 was $0.0 Mil. Parkway's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Parkway's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $4.76.

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 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 quarter that ended in Jun. 2017 was 0.00.

Parkway Total Inventories Historical Data

The historical data trend for Parkway's Total Inventories 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 Total Inventories Chart

Parkway Annual Data

Trend

Dec15

Dec16

Total Inventories

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

Parkway Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Parkway (NYSE:PKY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Parkway's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

	Net-Net Working Capital Per Share (Q: Jun. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(712.376	+	0.75 * 0	+	0.5 * 0	-	449.417
-	5	-	19.785)	/	50.0793
=	4.76

2. 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

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

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

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

4. 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Parkway Total Inventories Related Terms

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Parkway (Parkway) Business Description

Industry

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

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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