Park Electrochemical Corporation

NYSE PKE

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Park Electrochemical Corporation Working Capital Turnover Ratio 1 year YoY Change (%) for the quarter ending December 31, 2023: 12.39%

Park Electrochemical Corporation Working Capital Turnover Ratio 1 year YoY Change (%) is 12.39% for the quarter ending December 31, 2023, a 235.16% 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.
  • Park Electrochemical Corporation Working Capital Turnover Ratio for the quarter ending December 31, 2022 was 0.12, a 3.70% change year over year.
  • Park Electrochemical Corporation Working Capital Turnover Ratio for the quarter ending December 31, 2021 was 0.11, a 39.66% change year over year.
  • Park Electrochemical Corporation Working Capital Turnover Ratio for the quarter ending December 31, 2020 was 0.08, a -20.41% change year over year.
  • Park Electrochemical Corporation Working Capital Turnover Ratio for the quarter ending December 31, 2019 was 0.10, a 6.62% change year over year.
NYSE: PKE

Park Electrochemical Corporation

CEO Mr. Brian E. Shore
IPO Date Dec. 30, 1987
Location United States
Headquarters 1400 Old Country Road, Westbury, NY, United States, 11590
Employees 110
Sector Industrials
Industry Aerospace & defense
Description

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.

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StockViz Staff

September 19, 2024

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