Siam Pan Group PCL (BKK:SPG) Change In Inventory: ฿254 Mil (TTM As of Mar. 2026)

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BKK:SPG Siam Pan Group PCL BKK:SPG
67 GF Score
Price ฿11.40
GF Value ฿13.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Siam Pan Group PCL Change In Inventory?

Siam Pan Group PCL BKK:SPG 67 Change In Inventory is ฿254 Mil as of Mar. 2026. GuruFocus rates BKK:SPG with a GF Score™ of 67/100 and a GF Value™ of ฿13.80 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Siam Pan Group PCL's change in inventory for the quarter that ended in Mar. 2026 was ฿62 Mil. It means Siam Pan Group PCL's inventory declined by ฿62 Mil from Dec. 2025 to Mar. 2026 .

Siam Pan Group PCL's change in inventory for the fiscal year that ended in Dec. 2025 was ฿210 Mil. It means Siam Pan Group PCL's inventory declined by ฿210 Mil from Dec. 2024 to Dec. 2025 .

Siam Pan Group PCL's Total Inventories for the quarter that ended in Mar. 2026 was ฿842 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siam Pan Group PCL's Days Inventory for the quarter that ended in Mar. 2026 was 190.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siam Pan Group PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.48.

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. Siam Pan Group PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.36.

Siam Pan Group PCL  (BKK:SPG) Change In Inventory Explanation

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

Siam Pan Group PCL's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=873.2135/419.141*365 / 4
=190.10

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

Siam Pan Group PCL's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=419.141 / 873.2135
=0.48

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.

Siam Pan Group PCL's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=873.2135 / 644.039
=1.36

* 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.

Siam Pan Group PCL Change In Inventory Related Terms

Siam Pan Group PCL Change In Inventory Historical Data

* Premium members only.

The historical data trend for Siam Pan Group PCL'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.

Siam Pan Group PCL Change In Inventory Chart

Siam Pan Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -383.94 -87.81 174.58 104.50 210.35

Siam Pan Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.80 164.22 -22.62 50.95 61.81
BKK:SPG
67GF Score
Siam Pan Group PCL BKK:SPG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Pan Group PCL 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿254 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ฿254 Mil mean?
Siam Pan Group PCL (BKK:SPG) has a Change In Inventory of ฿254 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Siam Pan Group PCL and its competitors.
Is Siam Pan Group PCL's Change In Inventory too high?
Siam Pan Group PCL's current Change In Inventory is ฿254 Mil. Overall, Siam Pan Group PCL has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Pan Group PCL's Change In Inventory compare to LIN and SHW?
Siam Pan Group PCL's Change In Inventory of ฿254 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Chemicals company?
A good Change In Inventory depends on the Chemicals industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Siam Pan Group PCL and its competitors. Siam Pan Group PCL's current Change In Inventory is ฿254 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Pan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Pan Group PCL (BKK:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿13.80, compared to a current price of ฿11.40 — trading 17.4% below its estimated fair value. The current Change In Inventory is ฿254 Mil. Siam Pan Group PCL's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Siam Pan Group PCL (BKK:SPG), the current Change In Inventory is ฿254 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Siam Pan Group PCL (BKK:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Pan Group PCL stock appears to be undervalued. The current stock price of ฿11.40 is trading 17.4% below its estimated GF Value™ of ฿13.80. GuruFocus considers Siam Pan Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:SPG:

  • Change In Inventory: ฿254 Mil
  • GF Value™: ฿13.80 vs. price of ฿11.40 (17.4% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BKK:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Siam Pan Group PCL Business Description

Address No. 488, Nakhon Sawan Road, Mahanak Junction, Dusit District, Bangkok, THA, 10300
Siam Pan Group PCL is a Thailand-based company that is engaged in the manufacturing and distributing of lubricating oil, grease, and batteries. The company has the following crucial segments which include Grease, and Lubricating Oil. In terms of revenue, the Grease segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and Other countries of which it generates maximum revenue from Thailand.
67GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿11.40
Price
฿13.80
GF Value