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Major Development PCLBKK:MJD 39 Days Inventory is 1,492.87 as of Mar. 2026, which is 13% above its 10-year median of 1,316.48. GuruFocus rates BKK:MJD with a GF Score™ of 39/100 and a GF Value™ of ฿1.03 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,318 Real Estate companies, Major Development PCL ranks worse than 80.42% on this metric.
The historical rank and industry rank for Major Development PCL's Days Inventory or its related term are showing as below:
BKK:MJD'
s Days Inventory Range Over the Past 10 Years
Min: 683.83 Med: 1316.48 Max: 2581.1
Current: 2122.82
During the past 13 years, Major Development PCL's highest Days Inventory was 2581.10. The lowest was 683.83. And the median was 1316.48.
BKK:MJD's Days Inventory is ranked worse than 80.42% of 1318
companies
in the Real Estate industry
Industry Median: 691.085
vs BKK:MJD: 2122.82
Major Development PCL's Days Inventory
declined
from Mar. 2025 (4,061.46) to Mar. 2026 (1,492.87).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Major Development PCL's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.06.
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.
Major Development PCL's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 11.82.
Major Development PCL (BKK:MJD) 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.
Major Development 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.
Major Development 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.
Major Development PCL Days Inventory Related Terms
Major Development PCL Days Inventory Historical Data
* Premium members only.
The historical data trend for Major Development 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.
Major Development PCL Days Inventory Competitor Comparison
For the Real Estate - Development subindustry, Major Development 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.
Major Development PCL Days Inventory vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Major Development PCL's Days Inventory distribution charts can be found below:
* The bar in red indicates where Major Development PCL's Days Inventory falls into.
* 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.
Major Development PCL (BKK:MJD) has a Days Inventory of 1,492.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Major Development PCL and its competitors. This is 13% above median its historical median of 1,316.48. Over the past decade, Major Development PCL's Days Inventory has ranged from 683.83 to 2,581.10. According to the industry distribution chart, Major Development PCL ranks #1060 out of 1318 companies in the Real Estate industry, placing it in the top 80.4%.
Is Major Development PCL's Days Inventory too high?
Major Development PCL's current Days Inventory of 1,492.87 is 13% above median its 10-year median of 1,316.48. Over the past 10 years, this metric has ranged from a low of 683.83 to a high of 2,581.10. The Real Estate industry median Days Inventory is 691.09. Major Development PCL's value of 1,492.87 is 116% above this industry median. Based on the distribution chart, Major Development PCL ranks #1060 out of 1318 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Major Development PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Development PCL's Days Inventory compare to competitors?
According to the Real Estate industry distribution chart, Major Development PCL ranks #1060 out of 1318 companies for Days Inventory. This places Major Development PCL in the lower half of its industry. The industry median Days Inventory is 691.09. Major Development PCL's value of 1,492.87 is 116% above this benchmark. Historically, Major Development PCL's own Days Inventory has ranged from 683.83 to 2,581.10 over the past decade. While the company's 10-year median is 1,316.48 vs. the industry median of 691.09, Major Development 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 Real Estate company?
The median Days Inventory among Real Estate companies is 691.09, based on 1,318 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. Major Development PCL's current Days Inventory of 1,492.87 is 116% 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 Major Development PCL and its competitors. For the Real Estate industry, the median Days Inventory is 691.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Development PCL's current Days Inventory is 1,492.87, which is 13% above median its own 10-year median of 1,316.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Major Development PCL (BKK:MJD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.03, compared to a current price of ฿0.32 — trading 68.9% below its estimated fair value. The current Days Inventory is 1,492.87, which is 13% above median its 10-year median of 1,316.48 and 116% above the Real Estate industry median of 691.09. Major Development PCL's overall GF Score™ is 39/100 with 3 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 Major Development PCL (BKK:MJD), the current Days Inventory is 1,492.87 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 Major Development PCL (BKK:MJD) Overvalued in 2026?
Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 68.9% below its estimated GF Value™ of ฿1.03.
GuruFocus considers Major Development PCL to be Possible Value Trap.
Key valuation signals for BKK:MJD:
Days Inventory: 1,492.87 (13% above median its 10-year median of 1,316.48)
GF Value™: ฿1.03 vs. price of ฿0.32 (68.9% below fair value)
Industry Position: 116% above the Real Estate median (#1060 of 1318)
No single metric tells the full story. See the BKK:MJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment, the Hotel business segment, and the Rental and service business segment. It derives prime revenue from the Property development business segment, which engages in the development of land and houses and residential condominium units for sale. The group mainly operates in Thailand.
39GF Score
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