Nirvana Development PCL (BKK:NVD) Days Inventory: 13,521.12 (As of Mar. 2026) — 603% Above 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:NVD Nirvana Development PCL BKK:NVD
23 GF Score
Price ฿0.82
GF Value ฿0.99
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Nirvana Development PCL Days Inventory?

Nirvana Development PCL BKK:NVD 23 Days Inventory is 13,521.12 as of Mar. 2026, which is 603% above its 10-year median of 1,923.02. GuruFocus rates BKK:NVD with a GF Score™ of 23/100 and a GF Value™ of ฿0.99 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,317 Real Estate companies, Nirvana Development PCL ranks worse than 90.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nirvana Development PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿11,574 Mil. Nirvana Development PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿78 Mil. Hence, Nirvana Development PCL's Days Inventory for the three months ended in Mar. 2026 was 13,521.12.

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

BKK:NVD' s Days Inventory Range Over the Past 10 Years
Min: 144.53   Med: 1923.02   Max: 4377.06
Current: 4348.79

During the past 12 years, Nirvana Development PCL's highest Days Inventory was 4377.06. The lowest was 144.53. And the median was 1923.02.

BKK:NVD's Days Inventory is ranked worse than
90.81% of 1317 companies
in the Real Estate industry
Industry Median: 690.22 vs BKK:NVD: 4348.79

Nirvana Development PCL's Days Inventory increased from Mar. 2025 (5,343.38) to Mar. 2026 (13,521.12). It might indicate that Nirvana Development PCL's sales slowed down.

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. Nirvana Development PCL's Inventory Turnover for the three months ended in Mar. 2026 was 0.01.

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. Nirvana Development PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 115.11.


Nirvana Development PCL  (BKK:NVD) 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.

Nirvana 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.

Nirvana Development PCL's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11573.783 / 100.547
=115.11

* 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.


Nirvana Development PCL Days Inventory Related Terms


Nirvana Development PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Nirvana 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.

Nirvana Development PCL Days Inventory Chart

Nirvana Development 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 1,420.88 2,022.46 2,826.56 4,377.06 3,830.47

Nirvana Development 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 5,343.38 14,173.83 4,305.42 1,841.40 13,521.12

BKK:NVD vs CBRE, BEKE, JLL: Days Inventory Comparison

For the Real Estate Services subindustry, Nirvana 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.


Nirvana Development PCL Days Inventory vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Days Inventory distribution charts can be found below:

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


BKK:NVD
23GF Score
Nirvana Development PCL BKK:NVD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirvana Development PCL Days Inventory Calculation

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

Nirvana Development 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
=( (11846.12 + 11505.21) / 2 ) / 1112.558*365
=11675.665 / 1112.558*365
=3,830.47

Nirvana Development 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
=( (11505.21 + 11642.356) / 2 ) / 78.108*365 / 4
=11573.783 / 78.108*365 / 4
=13,521.12

* 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 13,521.12 mean?
Nirvana Development PCL (BKK:NVD) has a Days Inventory of 13,521.12 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nirvana Development PCL and its competitors. This is 603% above median its historical median of 1,923.02. Over the past decade, Nirvana Development PCL's Days Inventory has ranged from 144.53 to 4,377.06. According to the industry distribution chart, Nirvana Development PCL ranks #1196 out of 1317 companies in the Real Estate industry, placing it in the top 90.8%.
Is Nirvana Development PCL's Days Inventory too high?
Nirvana Development PCL's current Days Inventory of 13,521.12 is 603% above median its 10-year median of 1,923.02. Over the past 10 years, this metric has ranged from a low of 144.53 to a high of 4,377.06. The Real Estate industry median Days Inventory is 690.22. Nirvana Development PCL's value of 13,521.12 is 1859% above this industry median. Based on the distribution chart, Nirvana Development PCL ranks #1196 out of 1317 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nirvana Development PCL has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nirvana Development PCL's Days Inventory compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nirvana Development PCL ranks #1196 out of 1317 companies for Days Inventory. This places Nirvana Development PCL in the lower half of its industry. The industry median Days Inventory is 690.22. Nirvana Development PCL's value of 13,521.12 is 1859% above this benchmark. Historically, Nirvana Development PCL's own Days Inventory has ranged from 144.53 to 4,377.06 over the past decade. While the company's 10-year median is 1,923.02 vs. the industry median of 690.22, Nirvana 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 690.22, based on 1,317 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. Nirvana Development PCL's current Days Inventory of 13,521.12 is 1859% 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 Nirvana Development PCL and its competitors. For the Real Estate industry, the median Days Inventory is 690.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirvana Development PCL's current Days Inventory is 13,521.12, which is 603% above median its own 10-year median of 1,923.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirvana Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Nirvana Development PCL (BKK:NVD) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.99, compared to a current price of ฿0.82 — trading 17.2% below its estimated fair value. The current Days Inventory is 13,521.12, which is 603% above median its 10-year median of 1,923.02 and 1859% above the Real Estate industry median of 690.22. Nirvana Development PCL's overall GF Score™ is 23/100 with 9 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 Nirvana Development PCL (BKK:NVD), the current Days Inventory is 13,521.12 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 Nirvana Development PCL (BKK:NVD) Overvalued in 2026?

Based on GuruFocus' analysis, Nirvana Development PCL stock appears to be undervalued. The current stock price of ฿0.82 is trading 17.2% below its estimated GF Value™ of ฿0.99. GuruFocus considers Nirvana Development PCL to be Modestly Undervalued.

Key valuation signals for BKK:NVD:

  • Days Inventory: 13,521.12 (603% above median its 10-year median of 1,923.02)
  • GF Value™: ฿0.99 vs. price of ฿0.82 (17.2% below fair value)
  • GF Score™: 23/100 with 9 warning signs
  • Industry Position: 1859% above the Real Estate median (#1196 of 1317)

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


Nirvana Development PCL Business Description

Address 343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The company has three segments: Real Estate, Construction, and Others. Majority of revenue is from Real estate segment.
23GF Score

Get the complete analysis for BKK:NVD

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

฿0.82
Price
฿0.99
GF Value