Siam Pan Group PCL (BKK:SPG) Days Inventory: 190.10 (As of Mar. 2026) — Near Median


BKK:SPG Siam Pan Group PCL BKK:SPG
75 GF Score
Price ฿11.00
GF Value ฿13.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Siam Pan Group PCL Days Inventory?

Siam Pan Group PCL BKK:SPG 75 Days Inventory is 190.10 as of Mar. 2026, which is 9% below its 10-year median of 209.66. GuruFocus rates BKK:SPG with a GF Score™ of 75/100 and a GF Value™ of ฿13.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,539 Chemicals companies, Siam Pan Group PCL ranks worse than 91.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Siam Pan Group PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿873 Mil. Siam Pan Group PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿419 Mil. Hence, Siam Pan Group PCL's Days Inventory for the three months ended in Mar. 2026 was 190.10.

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

BKK:SPG' s Days Inventory Range Over the Past 10 Years
Min: 172.68   Med: 209.66   Max: 300.6
Current: 217.2

During the past 13 years, Siam Pan Group PCL's highest Days Inventory was 300.60. The lowest was 172.68. And the median was 209.66.

BKK:SPG's Days Inventory is ranked worse than
91.81% of 1539 companies
in the Chemicals industry
Industry Median: 80.63 vs BKK:SPG: 217.20

Siam Pan Group PCL's Days Inventory declined from Mar. 2025 (242.54) to Mar. 2026 (190.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Siam Pan Group PCL's Inventory Turnover for the three months ended in Mar. 2026 was 0.48.

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. Siam Pan Group PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.36.


Siam Pan Group PCL  (BKK:SPG) 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.

Siam Pan 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.

Siam Pan 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.


Siam Pan Group PCL Days Inventory Related Terms


Siam Pan Group PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Siam Pan 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.

Siam Pan Group PCL Days Inventory Chart

Siam Pan 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 211.45 280.79 254.16 300.60 232.72

Siam Pan 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 242.54 200.60 271.13 216.56 190.10

BKK:SPG vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Siam Pan 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.


Siam Pan Group PCL Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Siam Pan Group PCL's Days Inventory falls into.


BKK:SPG
75GF Score
Siam Pan Group PCL BKK:SPG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Pan Group PCL Days Inventory Calculation

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

Siam Pan 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
=( (1114.226 + 903.949) / 2 ) / 1582.632*365
=1009.0875 / 1582.632*365
=232.72

Siam Pan 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
=( (903.949 + 842.478) / 2 ) / 419.141*365 / 4
=873.2135 / 419.141*365 / 4
=190.10

* 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 190.10 mean?
Siam Pan Group PCL (BKK:SPG) has a Days Inventory of 190.10 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Siam Pan Group PCL and its competitors. This is near median its historical median of 209.66. Over the past decade, Siam Pan Group PCL's Days Inventory has ranged from 172.68 to 300.60. According to the industry distribution chart, Siam Pan Group PCL ranks #1413 out of 1539 companies in the Chemicals industry, placing it in the top 91.8%.
Is Siam Pan Group PCL's Days Inventory too high?
Siam Pan Group PCL's current Days Inventory of 190.10 is near median its 10-year median of 209.66. Over the past 10 years, this metric has ranged from a low of 172.68 to a high of 300.60. The Chemicals industry median Days Inventory is 80.63. Siam Pan Group PCL's value of 190.10 is 135.8% above this industry median. Based on the distribution chart, Siam Pan Group PCL ranks #1413 out of 1539 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Siam Pan Group PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Pan Group PCL's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siam Pan Group PCL ranks #1413 out of 1539 companies for Days Inventory. This places Siam Pan Group PCL in the lower half of its industry. The industry median Days Inventory is 80.63. Siam Pan Group PCL's value of 190.10 is 135.8% above this benchmark. Historically, Siam Pan Group PCL's own Days Inventory has ranged from 172.68 to 300.60 over the past decade. While the company's 10-year median is 209.66 vs. the industry median of 80.63, Siam Pan 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.63, based on 1,539 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. Siam Pan Group PCL's current Days Inventory of 190.10 is 135.8% 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 Siam Pan Group PCL and its competitors. For the Chemicals industry, the median Days Inventory is 80.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Pan Group PCL's current Days Inventory is 190.10, which is near median its own 10-year median of 209.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Pan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Pan Group PCL (BKK:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿13.85, compared to a current price of ฿11.00 — trading 20.6% below its estimated fair value. The current Days Inventory is 190.10, which is near median its 10-year median of 209.66 and 135.8% above the Chemicals industry median of 80.63. Siam Pan Group PCL's overall GF Score™ is 75/100 with 4 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 Siam Pan Group PCL (BKK:SPG), the current Days Inventory is 190.10 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 Siam Pan Group PCL (BKK:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Pan Group PCL stock appears to be undervalued. The current stock price of ฿11.00 is trading 20.6% below its estimated GF Value™ of ฿13.85. GuruFocus considers Siam Pan Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:SPG:

  • Days Inventory: 190.10 (near median its 10-year median of 209.66)
  • GF Value™: ฿13.85 vs. price of ฿11.00 (20.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 135.8% above the Chemicals median (#1413 of 1539)

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


Siam Pan Group PCL Business Description

Address No. 488, Nakhon Sawan Road, Mahanak Junction, Dusit District, Bangkok, THA, 10300
Siam Pan Group PCL is a Thailand-based company that is engaged in the manufacturing and distributing of lubricating oil, grease, and batteries. The company has the following crucial segments which include Grease, and Lubricating Oil. In terms of revenue, the Grease segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and Other countries of which it generates maximum revenue from Thailand.
75GF Score

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

฿11.00
Price
฿13.85
GF Value