Forth PCL (BKK:FORTH-R) Days Inventory: 97.71 (As of Mar. 2026) — 22% Above Median


BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
84 GF Score
Price ฿6.44
GF Value ฿6.11
! 6 Warning Signs
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What is Forth PCL Days Inventory?

Forth PCL BKK:FORTH-R 84 Days Inventory is 97.71 as of Mar. 2026, which is 22% above its 10-year median of 80.35. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. The stock has 6 warning signs investors should review. Among 492 Conglomerates companies, Forth PCL ranks worse than 56.1% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Forth PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿1,998 Mil. Forth PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,866 Mil. Hence, Forth PCL's Days Inventory for the three months ended in Mar. 2026 was 97.71.

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

BKK:FORTH-R' s Days Inventory Range Over the Past 10 Years
Min: 62.54   Med: 80.35   Max: 102.54
Current: 85.41

During the past 13 years, Forth PCL's highest Days Inventory was 102.54. The lowest was 62.54. And the median was 80.35.

BKK:FORTH-R's Days Inventory is ranked worse than
56.1% of 492 companies
in the Conglomerates industry
Industry Median: 73.045 vs BKK:FORTH-R: 85.41

Forth PCL's Days Inventory declined from Mar. 2025 (112.71) to Mar. 2026 (97.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Forth PCL's Inventory Turnover for the three months ended in Mar. 2026 was 0.93.

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. Forth PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.82.


Forth PCL  (BKK:FORTH-R) 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.

Forth 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.

Forth 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.


Forth PCL Days Inventory Related Terms


Forth PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Forth 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.

Forth PCL Days Inventory Chart

Forth 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 64.36 90.47 96.32 96.63 82.85

Forth 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 112.71 93.82 63.79 89.10 97.71

BKK:FORTH-R vs HON, MMM: Days Inventory Comparison

For the Conglomerates subindustry, Forth 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.


Forth PCL Days Inventory vs Conglomerates Industry

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

* The bar in red indicates where Forth PCL's Days Inventory falls into.


BKK:FORTH-R
84GF Score
Forth Corp PCL BKK:FORTH-R
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Forth PCL Days Inventory Calculation

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

Forth 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
=( (1922.439 + 1926.807) / 2 ) / 8478.755*365
=1924.623 / 8478.755*365
=82.85

Forth 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
=( (1926.807 + 2068.951) / 2 ) / 1865.729*365 / 4
=1997.879 / 1865.729*365 / 4
=97.71

* 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 97.71 mean?
Forth PCL (BKK:FORTH-R) has a Days Inventory of 97.71 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forth PCL and its competitors. This is 22% above median its historical median of 80.35. Over the past decade, Forth PCL's Days Inventory has ranged from 62.54 to 102.54. According to the industry distribution chart, Forth PCL ranks #276 out of 492 companies in the Conglomerates industry, placing it in the top 56.1%.
Is Forth PCL's Days Inventory too high?
Forth PCL's current Days Inventory of 97.71 is 22% above median its 10-year median of 80.35. Over the past 10 years, this metric has ranged from a low of 62.54 to a high of 102.54. The Conglomerates industry median Days Inventory is 73.05. Forth PCL's value of 97.71 is 33.8% above this industry median. Based on the distribution chart, Forth PCL ranks #276 out of 492 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Days Inventory compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #276 out of 492 companies for Days Inventory. This places Forth PCL in the lower half of its industry. The industry median Days Inventory is 73.05. Forth PCL's value of 97.71 is 33.8% above this benchmark. Historically, Forth PCL's own Days Inventory has ranged from 62.54 to 102.54 over the past decade. While the company's 10-year median is 80.35 vs. the industry median of 73.05, Forth 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 73.05, based on 492 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. Forth PCL's current Days Inventory of 97.71 is 33.8% 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 Forth PCL and its competitors. For the Conglomerates industry, the median Days Inventory is 73.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Days Inventory is 97.71, which is 22% above median its own 10-year median of 80.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current Days Inventory of 97.71. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current Days Inventory is 97.71, which is 22% above median its 10-year median of 80.35 and 33.8% above the Conglomerates industry median of 73.05. Forth PCL's overall GF Score™ is 84/100 with 6 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 Forth PCL (BKK:FORTH-R), the current Days Inventory is 97.71 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued. The current stock price of ฿6.44 is trading 5.4% above its estimated GF Value™ of ฿6.11.

Key valuation signals for BKK:FORTH-R:

  • Days Inventory: 97.71 (22% above median its 10-year median of 80.35)
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 33.8% above the Conglomerates median (#276 of 492)

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


Forth PCL Business Description

Other Exchanges FORTH:Thailand
Address 1053/1, Phaholyothin Road, Phayathai, Phayathai, Bangkok, THA, 10400
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score

Get the complete analysis for BKK:FORTH-R

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

฿6.44
Price
฿6.11
GF Value