Millcon Steel PCL (BKK:MILL-R) Days Inventory: 137.84 (As of Sep. 2025) — 87% Above Median


What is Millcon Steel PCL Days Inventory?

Millcon Steel PCL BKK:MILL-R Days Inventory is 137.84 as of Sep. 2025, which is 87% above its 10-year median of 73.62. The stock has 8 warning signs investors should review. Among 586 Steel companies, Millcon Steel PCL ranks worse than 94.88% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Millcon Steel PCL's Average Total Inventories for the three months ended in Sep. 2025 was ฿1,472 Mil. Millcon Steel PCL's Cost of Goods Sold for the three months ended in Sep. 2025 was ฿974 Mil. Hence, Millcon Steel PCL's Days Inventory for the three months ended in Sep. 2025 was 137.84.

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

BKK:MILL-R' s Days Inventory Range Over the Past 10 Years
Min: 38.75   Med: 73.62   Max: 286.13
Current: 286.13

During the past 13 years, Millcon Steel PCL's highest Days Inventory was 286.13. The lowest was 38.75. And the median was 73.62.

BKK:MILL-R's Days Inventory is ranked worse than
94.88% of 586 companies
in the Steel industry
Industry Median: 86.96 vs BKK:MILL-R: 286.13

Millcon Steel PCL's Days Inventory declined from Jun. 2024 (157.24) to Sep. 2025 (137.84).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Millcon Steel PCL's Inventory Turnover for the three months ended in Sep. 2025 was 0.66.

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. Millcon Steel PCL's Inventory-to-Revenue for the three months ended in Sep. 2025 was 1.48.


Millcon Steel PCL  (BKK:MILL-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.

Millcon Steel PCL's Inventory Turnover for the three months ended in Sep. 2025 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.

Millcon Steel PCL's Inventory to Revenue for the three months ended in Sep. 2025 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.


Millcon Steel PCL Days Inventory Related Terms


Millcon Steel PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Days Inventory Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.35 78.05 48.43 43.81 38.75

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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 157.24 162.80 603.59 182.03 137.84

BKK:MILL-R vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Days Inventory distribution charts can be found below:

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



Millcon Steel PCL Days Inventory Calculation

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

Millcon Steel PCL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2058.118 + 1911.89) / 2 ) / 18696.372*365
=1985.004 / 18696.372*365
=38.75

Millcon Steel PCL's Days Inventory for the quarter that ended in Sep. 2025 is calculated as:

Days Inventory (Q: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1354.18 + 1589.22) / 2 ) / 974.288*365 / 4
=1471.7 / 974.288*365 / 4
=137.84

* 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 137.84 mean?
Millcon Steel PCL (BKK:MILL-R) has a Days Inventory of 137.84 as of Sep. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Millcon Steel PCL and its competitors. This is 87% above median its historical median of 73.62. Over the past decade, Millcon Steel PCL's Days Inventory has ranged from 38.75 to 286.13. According to the industry distribution chart, Millcon Steel PCL ranks #556 out of 586 companies in the Steel industry, placing it in the top 94.9%.
Is Millcon Steel PCL's Days Inventory too high?
Millcon Steel PCL's current Days Inventory of 137.84 is 87% above median its 10-year median of 73.62. Over the past 10 years, this metric has ranged from a low of 38.75 to a high of 286.13. The Steel industry median Days Inventory is 86.96. Millcon Steel PCL's value of 137.84 is 58.5% above this industry median. Based on the distribution chart, Millcon Steel PCL ranks #556 out of 586 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #556 out of 586 companies for Days Inventory. This places Millcon Steel PCL in the lower half of its industry. The industry median Days Inventory is 86.96. Millcon Steel PCL's value of 137.84 is 58.5% above this benchmark. Historically, Millcon Steel PCL's own Days Inventory has ranged from 38.75 to 286.13 over the past decade. While the company's 10-year median is 73.62 vs. the industry median of 86.96, Millcon Steel 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 Steel company?
The median Days Inventory among Steel companies is 86.96, based on 586 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. Millcon Steel PCL's current Days Inventory of 137.84 is 58.5% 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 Millcon Steel PCL and its competitors. For the Steel industry, the median Days Inventory is 86.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Days Inventory is 137.84, which is 87% above median its own 10-year median of 73.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Days Inventory of 137.84. The current Days Inventory is 137.84, which is 87% above median its 10-year median of 73.62 and 58.5% above the Steel industry median of 86.96. 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 Millcon Steel PCL (BKK:MILL-R), the current Days Inventory is 137.84 as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.