Parkin Co (DFM:PARKIN) Days Inventory : 0.00 (As of Mar. 2024)

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What is Parkin Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Parkin Co's Average Total Inventories for the three months ended in Mar. 2024 was د.إ0.0 Mil. Parkin Co's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ0.0 Mil.

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

DFM:PARKIN's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.75
* Ranked among companies with meaningful Days Inventory only.

Parkin Co's Days Inventory stayed the same from Dec. 2021 (0.00) to Mar. 2024 (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. Parkin Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Parkin Co Days Inventory Historical Data

The historical data trend for Parkin Co'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.

Parkin Co Days Inventory Chart

Parkin Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

Parkin Co Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Days Inventory	-	-	-	-	-

Competitive Comparison of Parkin Co's Days Inventory

For the Infrastructure Operations subindustry, Parkin Co'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.

Parkin Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Parkin Co's Days Inventory distribution charts can be found below:

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

Parkin Co Days Inventory Calculation

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

Parkin Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Parkin Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Parkin Co (DFM:PARKIN) 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.

Parkin Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Parkin Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	215.277
	=	0.00

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.

Parkin Co Days Inventory Related Terms

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Parkin Co (DFM:PARKIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkin Co (DFM:PARKIN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE

Website

https://www.parkin.ae

Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

Parkin Co (DFM:PARKIN) Headlines

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