Thachang Green Energy PCL (BKK:TGE) Days Inventory: 49.80 (As of Mar. 2026) — 18% Below Median

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BKK:TGE Thachang Green Energy PCL BKK:TGE
69 GF Score
Price ฿1.30
GF Value ฿1.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thachang Green Energy PCL Days Inventory?

Thachang Green Energy PCL BKK:TGE 69 Days Inventory is 49.80 as of Mar. 2026, which is 18% below its 10-year median of 60.69. GuruFocus rates BKK:TGE with a GF Score™ of 69/100 and a GF Value™ of ฿1.77 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 334 Utilities - Independent Power Producers companies, Thachang Green Energy PCL ranks worse than 60.78% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Thachang Green Energy PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿115 Mil. Thachang Green Energy PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿210 Mil. Hence, Thachang Green Energy PCL's Days Inventory for the three months ended in Mar. 2026 was 49.80.

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

BKK:TGE' s Days Inventory Range Over the Past 10 Years
Min: 38.97   Med: 60.69   Max: 6602.91
Current: 40.41

During the past 10 years, Thachang Green Energy PCL's highest Days Inventory was 6602.91. The lowest was 38.97. And the median was 60.69.

BKK:TGE's Days Inventory is ranked worse than
60.78% of 334 companies
in the Utilities - Independent Power Producers industry
Industry Median: 27.9 vs BKK:TGE: 40.41

Thachang Green Energy PCL's Days Inventory increased from Mar. 2025 (32.63) to Mar. 2026 (49.80). It might indicate that Thachang Green Energy PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thachang Green Energy PCL's Inventory Turnover for the three months ended in Mar. 2026 was 1.83.

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. Thachang Green Energy PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.40.


Thachang Green Energy PCL  (BKK:TGE) 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.

Thachang Green Energy 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.

Thachang Green Energy 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.


Thachang Green Energy PCL Days Inventory Related Terms


Thachang Green Energy PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Thachang Green Energy 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.

Thachang Green Energy PCL Days Inventory Chart

Thachang Green Energy 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 60.69 63.76 64.80 54.32 38.97

Thachang Green Energy 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 32.63 32.48 40.54 39.62 49.80

Thachang Green Energy PCL Days Inventory Competitor Comparison

For the Utilities - Renewable subindustry, Thachang Green Energy 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.


Thachang Green Energy PCL Days Inventory vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thachang Green Energy PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thachang Green Energy PCL's Days Inventory falls into.


BKK:TGE
69GF Score
Thachang Green Energy PCL BKK:TGE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Thachang Green Energy PCL Days Inventory Calculation

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

Thachang Green Energy 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
=( (85.071 + 107.155) / 2 ) / 900.27*365
=96.113 / 900.27*365
=38.97

Thachang Green Energy 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
=( (107.155 + 122.456) / 2 ) / 210.344*365 / 4
=114.8055 / 210.344*365 / 4
=49.80

* 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 49.80 mean?
Thachang Green Energy PCL (BKK:TGE) has a Days Inventory of 49.80 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Thachang Green Energy PCL and its competitors. This is 18% below median its historical median of 60.69. Over the past decade, Thachang Green Energy PCL's Days Inventory has ranged from 38.97 to 6,602.91. According to the industry distribution chart, Thachang Green Energy PCL ranks #203 out of 334 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.8%.
Is Thachang Green Energy PCL's Days Inventory too high?
Thachang Green Energy PCL's current Days Inventory of 49.80 is 18% below median its 10-year median of 60.69. Over the past 10 years, this metric has ranged from a low of 38.97 to a high of 6,602.91. The Utilities - Independent Power Producers industry median Days Inventory is 27.90. Thachang Green Energy PCL's value of 49.80 is 78.5% above this industry median. Based on the distribution chart, Thachang Green Energy PCL ranks #203 out of 334 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thachang Green Energy PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thachang Green Energy PCL's Days Inventory compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thachang Green Energy PCL ranks #203 out of 334 companies for Days Inventory. This places Thachang Green Energy PCL in the lower half of its industry. The industry median Days Inventory is 27.90. Thachang Green Energy PCL's value of 49.80 is 78.5% above this benchmark. Historically, Thachang Green Energy PCL's own Days Inventory has ranged from 38.97 to 6,602.91 over the past decade. While the company's 10-year median is 60.69 vs. the industry median of 27.90, Thachang Green Energy 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 an Utilities - Independent Power Producers company?
The median Days Inventory among Utilities - Independent Power Producers companies is 27.90, based on 334 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. Thachang Green Energy PCL's current Days Inventory of 49.80 is 78.5% 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 Thachang Green Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 27.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thachang Green Energy PCL's current Days Inventory is 49.80, which is 18% below median its own 10-year median of 60.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thachang Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thachang Green Energy PCL (BKK:TGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.77, compared to a current price of ฿1.30 — trading 26.6% below its estimated fair value. The current Days Inventory is 49.80, which is 18% below median its 10-year median of 60.69 and 78.5% above the Utilities - Independent Power Producers industry median of 27.90. Thachang Green Energy PCL's overall GF Score™ is 69/100 with 5 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 Thachang Green Energy PCL (BKK:TGE), the current Days Inventory is 49.80 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 Thachang Green Energy PCL (BKK:TGE) Overvalued in 2026?

Based on GuruFocus' analysis, Thachang Green Energy PCL stock appears to be undervalued. The current stock price of ฿1.30 is trading 26.6% below its estimated GF Value™ of ฿1.77. GuruFocus considers Thachang Green Energy PCL to be Modestly Undervalued.

Key valuation signals for BKK:TGE:

  • Days Inventory: 49.80 (18% below median its 10-year median of 60.69)
  • GF Value™: ฿1.77 vs. price of ฿1.30 (26.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 78.5% above the Utilities - Independent Power Producers median (#203 of 334)

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


Thachang Green Energy PCL Business Description

Address Moo 3, No. 159, Tambon Tha Chang, Amphoe Tha Chang, Surat Thani Province, THA, 84150
Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments, which are comprised of the biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.
69GF Score

Get the complete analysis for BKK:TGE

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

฿1.30
Price
฿1.77
GF Value