Piedmont Office Realty Trust Inc

NYSE PDM

Data sourced from iex and EODHD
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Piedmont Office Realty Trust Inc Working Capital Turnover Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: 681.35%

Piedmont Office Realty Trust Inc Working Capital Turnover Ratio 1 year YoY Change (%) is 681.35% for the quarter ending March 31, 2024, a 444.18% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Piedmont Office Realty Trust Inc Working Capital Turnover Ratio for the quarter ending March 31, 2023 was 0.74, a 125.20% change year over year.
  • Piedmont Office Realty Trust Inc Working Capital Turnover Ratio for the quarter ending March 31, 2022 was -2.94, a -376.87% change year over year.
  • Piedmont Office Realty Trust Inc Working Capital Turnover Ratio for the quarter ending March 31, 2021 was 1.06, a 151.22% change year over year.
  • Piedmont Office Realty Trust Inc Working Capital Turnover Ratio for the quarter ending March 31, 2020 was -2.08, a -256.59% change year over year.
NYSE: PDM

Piedmont Office Realty Trust Inc

CEO Mr. Christopher Brent Smith
IPO Date Feb. 10, 2010
Location United States
Headquarters 5565 Glenridge Connector, Atlanta, GA, United States, 30342
Employees 150
Sector Real Estate
Industry Reit - office
Description

Piedmont Office Realty Trust, Inc. (also referred to herein as Piedmont or the Company) (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.

StockViz Staff

September 19, 2024

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