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

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What is Parkin Co Days Payable?

Parkin Co's average Accounts Payable for the three months ended in Mar. 2024 was د.إ36.1 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 Payable or its related term are showing as below:

DFM:PARKIN's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 76.01
* Ranked among companies with meaningful Days Payable only.

Parkin Co's Days Payable stayed the same from Dec. 2021 (0.00) to Mar. 2024 (0.00). stayed the same

Parkin Co Days Payable Historical Data

The historical data trend for Parkin Co's Days Payable 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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Parkin Co Days Payable Chart

Parkin Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

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

Competitive Comparison of Parkin Co's Days Payable

For the Infrastructure Operations subindustry, Parkin Co's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution in the Construction Industry

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

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

Parkin Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (87.623	+	25.919)	/	2 )	/	0	*	365
=	56.771					/	0	*	365
=	N/A

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (25.919	+	46.264)	/	2 )	/	0	*	365 / 4
=	36.0915					/	0	*	365 / 4
=	N/A

Parkin Co Days Payable 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 Payable

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.

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