Thai-German Products PCL (BKK:TGPRO) Days Inventory: 133.07 (As of Mar. 2026) — 36% Below Median

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What is Thai-German Products PCL Days Inventory?

Thai-German Products PCL BKK:TGPRO -25.00% Days Inventory is 133.07 as of Mar. 2026, which is 36% below its 10-year median of 207.85. The stock has 4 warning signs investors should review. Among 582 Steel companies, Thai-German Products PCL ranks worse than 83.85% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Thai-German Products PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿551 Mil. Thai-German Products PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿378 Mil. Hence, Thai-German Products PCL's Days Inventory for the three months ended in Mar. 2026 was 133.07.

The historical rank and industry rank for Thai-German Products PCL's Days Inventory or its related term are showing as below:

BKK:TGPRO' s Days Inventory Range Over the Past 10 Years
Min: 161.08   Med: 207.85   Max: 241.86
Current: 161.08

During the past 13 years, Thai-German Products PCL's highest Days Inventory was 241.86. The lowest was 161.08. And the median was 207.85.

BKK:TGPRO's Days Inventory is ranked worse than
83.85% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BKK:TGPRO: 161.08

Thai-German Products PCL's Days Inventory declined from Mar. 2025 (168.67) to Mar. 2026 (133.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai-German Products PCL's Inventory Turnover for the three months ended in Mar. 2026 was 0.69.

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. Thai-German Products PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.29.


Thai-German Products PCL  (BKK:TGPRO) 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.

Thai-German Products 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.

Thai-German Products 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.


Thai-German Products PCL Days Inventory Related Terms


Thai-German Products PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Thai-German Products 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.

Thai-German Products PCL Days Inventory Chart

Thai-German Products 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 204.69 208.22 186.88 165.06 171.36

Thai-German Products 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 168.67 168.58 177.48 174.70 133.07

BKK:TGPRO vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Thai-German Products 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.


Thai-German Products PCL Days Inventory vs Steel Industry

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

* The bar in red indicates where Thai-German Products PCL's Days Inventory falls into.



Thai-German Products PCL Days Inventory Calculation

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

Thai-German Products 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
=( (567.182 + 569.819) / 2 ) / 1210.906*365
=568.5005 / 1210.906*365
=171.36

Thai-German Products 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
=( (569.819 + 532.172) / 2 ) / 377.835*365 / 4
=550.9955 / 377.835*365 / 4
=133.07

* 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 133.07 mean?
Thai-German Products PCL (BKK:TGPRO) has a Days Inventory of 133.07 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Thai-German Products PCL and its competitors. This is 36% below median its historical median of 207.85. Over the past decade, Thai-German Products PCL's Days Inventory has ranged from 161.08 to 241.86. According to the industry distribution chart, Thai-German Products PCL ranks #488 out of 582 companies in the Steel industry, placing it in the top 83.8%.
Is Thai-German Products PCL's Days Inventory too high?
Thai-German Products PCL's current Days Inventory of 133.07 is 36% below median its 10-year median of 207.85. Over the past 10 years, this metric has ranged from a low of 161.08 to a high of 241.86. The Steel industry median Days Inventory is 86.57. Thai-German Products PCL's value of 133.07 is 53.7% above this industry median. Based on the distribution chart, Thai-German Products PCL ranks #488 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Thai-German Products PCL's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Thai-German Products PCL ranks #488 out of 582 companies for Days Inventory. This places Thai-German Products PCL in the lower half of its industry. The industry median Days Inventory is 86.57. Thai-German Products PCL's value of 133.07 is 53.7% above this benchmark. Historically, Thai-German Products PCL's own Days Inventory has ranged from 161.08 to 241.86 over the past decade. While the company's 10-year median is 207.85 vs. the industry median of 86.57, Thai-German Products 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 86.57, based on 582 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. Thai-German Products PCL's current Days Inventory of 133.07 is 53.7% 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 Thai-German Products PCL and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai-German Products PCL's current Days Inventory is 133.07, which is 36% below median its own 10-year median of 207.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai-German Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai-German Products PCL (BKK:TGPRO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.03 — trading 66.7% below its estimated fair value. The current Days Inventory is 133.07, which is 36% below median its 10-year median of 207.85 and 53.7% above the Steel industry median of 86.57. 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 Thai-German Products PCL (BKK:TGPRO), the current Days Inventory is 133.07 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.

Thai-German Products PCL Business Description

Address 99 Huaypong-Nongbon Road, Tambol Huaypong, Amphur Muang, Rayong, THA, 21150
Thai-German Products PCL is engaged in the business of manufacturing and distribution of stainless steel products such as pipe, axle, and other equipment, under trademark by TGPRO. It has four operating segments: the Stainless and service selling segment, which is the key revenue driver, includes steel pipes, steel sheets, steel shafts, and steel fittings; the Stereo sales segment sells stereo equipment, telephone equipment, and spare parts; an agriculture selling segment includes vegetables and seed; and Food sales Segment, which comprises of food sales, coffee and bakery shops, and steakhouse restaurants. It sells its product in Thailand and other countries, of which a majority of the revenue is generated from the Thailand market, and also has its presence in other countries.