Chai Watana Tannery Group PCL (BKK:CWT) Days Inventory: 82.69 (As of Mar. 2026) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:CWT Chai Watana Tannery Group PCL BKK:CWT
35 GF Score
Price ฿0.96
GF Value ฿0.88
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Chai Watana Tannery Group PCL Days Inventory?

Chai Watana Tannery Group PCL BKK:CWT +1.05% 35 Days Inventory is 82.69 as of Mar. 2026, which is 29% below its 10-year median of 117.03. GuruFocus rates BKK:CWT with a GF Score™ of 35/100 and a GF Value™ of ฿0.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 497 Conglomerates companies, Chai Watana Tannery Group PCL ranks worse than 55.13% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Chai Watana Tannery Group PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿275 Mil. Chai Watana Tannery Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿303 Mil. Hence, Chai Watana Tannery Group PCL's Days Inventory for the three months ended in Mar. 2026 was 82.69.

The historical rank and industry rank for Chai Watana Tannery Group PCL's Days Inventory or its related term are showing as below:

BKK:CWT' s Days Inventory Range Over the Past 10 Years
Min: 72.19   Med: 117.03   Max: 136.24
Current: 84.62

During the past 13 years, Chai Watana Tannery Group PCL's highest Days Inventory was 136.24. The lowest was 72.19. And the median was 117.03.

BKK:CWT's Days Inventory is ranked worse than
55.13% of 497 companies
in the Conglomerates industry
Industry Median: 73.2 vs BKK:CWT: 84.62

Chai Watana Tannery Group PCL's Days Inventory increased from Mar. 2025 (80.70) to Mar. 2026 (82.69). It might indicate that Chai Watana Tannery Group PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chai Watana Tannery Group PCL's Inventory Turnover for the three months ended in Mar. 2026 was 1.10.

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. Chai Watana Tannery Group PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.83.


Chai Watana Tannery Group PCL  (BKK:CWT) 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.

Chai Watana Tannery Group PCL's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

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.

Chai Watana Tannery Group PCL's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* 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.


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.


Chai Watana Tannery Group PCL Days Inventory Related Terms


Chai Watana Tannery Group PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Chai Watana Tannery Group PCL'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.

Chai Watana Tannery Group PCL Days Inventory Chart

Chai Watana Tannery Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.33 92.59 72.19 79.17 87.37

Chai Watana Tannery Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 80.70 82.26 88.79 86.91 82.69

BKK:CWT vs ORLY, AZO: Days Inventory Comparison

For the Conglomerates subindustry, Chai Watana Tannery Group PCL'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.


Chai Watana Tannery Group PCL Days Inventory vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Chai Watana Tannery Group PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chai Watana Tannery Group PCL's Days Inventory falls into.


BKK:CWT
35GF Score
Chai Watana Tannery Group PCL BKK:CWT
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chai Watana Tannery Group PCL Days Inventory Calculation

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

Chai Watana Tannery Group PCL's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (263.954 + 280.329) / 2 ) / 1136.883*365
=272.1415 / 1136.883*365
=87.37

Chai Watana Tannery Group PCL's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (280.329 + 269.664) / 2 ) / 303.48*365 / 4
=274.9965 / 303.48*365 / 4
=82.69

* 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 Days Inventory →
What does a Days Inventory of 82.69 mean?
Chai Watana Tannery Group PCL (BKK:CWT) has a Days Inventory of 82.69 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Chai Watana Tannery Group PCL and its competitors. This is 29% below median its historical median of 117.03. Over the past decade, Chai Watana Tannery Group PCL's Days Inventory has ranged from 72.19 to 136.24. According to the industry distribution chart, Chai Watana Tannery Group PCL ranks #274 out of 497 companies in the Conglomerates industry, placing it in the top 55.1%.
Is Chai Watana Tannery Group PCL's Days Inventory too high?
Chai Watana Tannery Group PCL's current Days Inventory of 82.69 is 29% below median its 10-year median of 117.03. Over the past 10 years, this metric has ranged from a low of 72.19 to a high of 136.24. The Conglomerates industry median Days Inventory is 73.20. Chai Watana Tannery Group PCL's value of 82.69 is 13% above this industry median. Based on the distribution chart, Chai Watana Tannery Group PCL ranks #274 out of 497 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Chai Watana Tannery Group PCL has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chai Watana Tannery Group PCL's Days Inventory compare to ORLY and AZO?
According to the Conglomerates industry distribution chart, Chai Watana Tannery Group PCL ranks #274 out of 497 companies for Days Inventory. This places Chai Watana Tannery Group PCL in the lower half of its industry. The industry median Days Inventory is 73.20. Chai Watana Tannery Group PCL's value of 82.69 is 13% above this benchmark. Historically, Chai Watana Tannery Group PCL's own Days Inventory has ranged from 72.19 to 136.24 over the past decade. While the company's 10-year median is 117.03 vs. the industry median of 73.20, Chai Watana Tannery Group PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Conglomerates company?
The median Days Inventory among Conglomerates companies is 73.20, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chai Watana Tannery Group PCL's current Days Inventory of 82.69 is 13% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Chai Watana Tannery Group PCL and its competitors. For the Conglomerates industry, the median Days Inventory is 73.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chai Watana Tannery Group PCL's current Days Inventory is 82.69, which is 29% below median its own 10-year median of 117.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chai Watana Tannery Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Chai Watana Tannery Group PCL (BKK:CWT) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.96 — trading 9.1% above its estimated fair value. The current Days Inventory is 82.69, which is 29% below median its 10-year median of 117.03 and 13% above the Conglomerates industry median of 73.20. Chai Watana Tannery Group PCL's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Chai Watana Tannery Group PCL (BKK:CWT), the current Days Inventory is 82.69 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 Chai Watana Tannery Group PCL (BKK:CWT) Overvalued in 2026?

Based on GuruFocus' analysis, Chai Watana Tannery Group PCL stock appears to be overvalued. The current stock price of ฿0.96 is trading 9.1% above its estimated GF Value™ of ฿0.88. GuruFocus considers Chai Watana Tannery Group PCL to be Fairly Valued.

Key valuation signals for BKK:CWT:

  • Days Inventory: 82.69 (29% below median its 10-year median of 117.03)
  • GF Value™: ฿0.88 vs. price of ฿0.96 (9.1% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 13% above the Conglomerates median (#274 of 497)

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


Chai Watana Tannery Group PCL Business Description

Address Sukhumvit Road, 176/1, 1480 Moo 1 Tannery Industrial District (K.M. 30), Thambon Thaiban, Amphur Maung, Samudprakarn, THA, 10280
Chai Watana Tannery Group PCL is a Thailand-based company engaged in diversified operations. The group operates through six reportable segments: Tannery Hide, Automotive Leather Cutting, Dog Chewable Toys, Furniture, Renewable Energy, and Design and Distribution of Aluminum Boats and Mini Buses. It generates the majority of its revenue from the Automotive Leather Cutting segment.
35GF Score

Get the complete analysis for BKK:CWT

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

฿0.96
Price
฿0.88
GF Value