Parks! America (Parks! America) Change In Inventory : $0.09 Mil (TTM As of Mar. 2024)

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What is Parks! America Change In Inventory?

Parks! America's change in inventory for the quarter that ended in Mar. 2024 was $-0.01 Mil. It means Parks! America's inventory increased by $0.01 Mil from Dec. 2023 to Mar. 2024 .

Parks! America's change in inventory for the fiscal year that ended in Sep. 2023 was $0.12 Mil. It means Parks! America's inventory declined by $0.12 Mil from Sep. 2022 to Sep. 2023 .

Parks! America's Total Inventories for the quarter that ended in Mar. 2024 was $0.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parks! America's Days Inventory for the quarter that ended in Mar. 2024 was 126.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Parks! America's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.72.

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. Parks! America's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Parks! America Change In Inventory Historical Data

The historical data trend for Parks! America's Change In 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.

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Parks! America Change In Inventory Chart

Parks! America Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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0.05

-0.11

-0.23

0.12

Parks! America Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.01	0.06	0.05	-0.01	-0.01

Parks! America Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

Parks! America (OTCPK:PRKA) Change In Inventory Explanation

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

Parks! America's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.438	/	0.315	*	365 / 4
	=	126.88

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

Parks! America's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.315	/	0.438
	=	0.72

3. 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.

Parks! America's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.438	/	1.958
	=	0.22

Parks! America Change In Inventory Related Terms

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Parks! America (Parks! America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Parks! America Inc (OTCPK:PRKA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 Oak Grove Road, Pine Mountain, GA, USA, 31822

Website

https://www.animalsafari.com

Parks! America Inc through its subsidiaries involved in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The company owns and operates Wild animal safari theme parks located in Pine mountain in the state of Georgia and Strafford in the state of Missouri in the United States. Its operating segment includes Georgia Park; Missouri Park and Texas Park. The company generates maximum revenue from the Georgia Park segment.

Executives

Focused Compounding Fund, Lp	10 percent owner	3838 OAK LAWN AVENUE, SUITE 1000, C/O FOCUSED COMPOUNDING CAPITAL MGMT, DALLAS TX 75219
Charles Kohnen	director	5424 SPICE BUSH COURT, DAYTON OH 45429
Lisa Michelle Brady	director	1007 DOCKWAY DRIVE, HURON OH 44839
Richard Ruffolo	director	C/O THE YANKEE CANDLE COMPANY, INC., 16 YANKEE CANDLE WAY, SOUTH DEERFIELD MA 01373
Focused Compounding Capital Management, Llc	other: Investment Mgr of 10% Owner	1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Andrew Mitchel Kuhn	other: Managing Member of IA	1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Geoffrey Harvey Gannon	other: Managing Member of IA	1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Mark Alan Whitfield	officer: Executive Vice President	1501 COPPERFIELD PARKWAY, APT 312, COLLEGE STATION TX 77845
Voorhis Dale Van	director, officer: Chief Operating Officer	5684 PIONEER TRAIL, HIRAM OH 44234
Jeff Lococo	director, officer: Secretary	4304 WALNUT CREEK LANE, SANDUSKY OH 44870
Todd R White	officer: Chief Financial Officer	16600 N THOMPSON PEAK PKWY, #1069, SCOTTSDALE AZ 85260
William S Jump	director	485 OAK CREEK CLIFFS DRIVE, SEDONA AZ 86336
John Paul Gannon	director	6040 KENTIGERN CT. SOUTH, DUBLIN OH 43017
Nicholas Aaron Parks	10 percent owner	5010 THORNBROOK RIDGE, COLUMBIA MO 65203
Jim Meikle	director	208 S ACADEMY AVE, STE 130, EAGLE ID 83616