Thai Airways International PCL (BKK:THAI-R) Days Inventory: 14.43 (As of Mar. 2026) — 11% Above Median


BKK:THAI-R Thai Airways International PCL BKK:THAI-R
37 GF Score
Price ฿6.00
GF Value ฿0.33
! 4 Warning Signs
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What is Thai Airways International PCL Days Inventory?

Thai Airways International PCL BKK:THAI-R 37 Days Inventory is 14.43 as of Mar. 2026, which is 11% above its 10-year median of 13.05. GuruFocus rates BKK:THAI-R with a GF Score™ of 37/100 and a GF Value™ of ฿0.33. The stock has 4 warning signs investors should review. Among 798 Transportation companies, Thai Airways International PCL ranks worse than 53.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Thai Airways International PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿5,178 Mil. Thai Airways International PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿32,741 Mil. Hence, Thai Airways International PCL's Days Inventory for the three months ended in Mar. 2026 was 14.43.

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

BKK:THAI-R' s Days Inventory Range Over the Past 10 Years
Min: 9.97   Med: 13.05   Max: 43.2
Current: 13.38

During the past 13 years, Thai Airways International PCL's highest Days Inventory was 43.20. The lowest was 9.97. And the median was 13.05.

BKK:THAI-R's Days Inventory is ranked worse than
53.26% of 798 companies
in the Transportation industry
Industry Median: 12.35 vs BKK:THAI-R: 13.38

Thai Airways International PCL's Days Inventory increased from Mar. 2025 (11.57) to Mar. 2026 (14.43). It might indicate that Thai Airways International PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thai Airways International PCL's Inventory Turnover for the three months ended in Mar. 2026 was 6.32.

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 Airways International PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.10.


Thai Airways International PCL  (BKK:THAI-R) 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 Airways International 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 Airways International PCL's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5177.6065 / 49691.905
=0.10

* 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.


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 Airways International PCL Days Inventory Related Terms


Thai Airways International PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for Thai Airways International 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 Airways International PCL Days Inventory Chart

Thai Airways International 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 43.20 17.93 16.43 13.18 12.72

Thai Airways International 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 11.57 13.25 13.63 12.25 14.43

BKK:THAI-R vs DAL, UAL, LUV: Days Inventory Comparison

For the Airlines subindustry, Thai Airways International 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 Airways International PCL Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Thai Airways International PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thai Airways International PCL's Days Inventory falls into.


BKK:THAI-R
37GF Score
Thai Airways International PCL BKK:THAI-R
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Airways International PCL Days Inventory Calculation

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

Thai Airways International 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
=( (4000.113 + 5061.128) / 2 ) / 130047.203*365
=4530.6205 / 130047.203*365
=12.72

Thai Airways International 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
=( (5061.128 + 5294.085) / 2 ) / 32741.07*365 / 4
=5177.6065 / 32741.07*365 / 4
=14.43

* 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 14.43 mean?
Thai Airways International PCL (BKK:THAI-R) has a Days Inventory of 14.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Thai Airways International PCL and its competitors. This is 11% above median its historical median of 13.05. Over the past decade, Thai Airways International PCL's Days Inventory has ranged from 9.97 to 43.20. According to the industry distribution chart, Thai Airways International PCL ranks #425 out of 798 companies in the Transportation industry, placing it in the top 53.3%.
Is Thai Airways International PCL's Days Inventory too high?
Thai Airways International PCL's current Days Inventory of 14.43 is 11% above median its 10-year median of 13.05. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 43.20. The Transportation industry median Days Inventory is 12.35. Thai Airways International PCL's value of 14.43 is 16.8% above this industry median. Based on the distribution chart, Thai Airways International PCL ranks #425 out of 798 companies in the Transportation industry, which is below the industry midpoint. Overall, Thai Airways International PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Days Inventory compare to DAL and UAL?
According to the Transportation industry distribution chart, Thai Airways International PCL ranks #425 out of 798 companies for Days Inventory. This places Thai Airways International PCL in the lower half of its industry. The industry median Days Inventory is 12.35. Thai Airways International PCL's value of 14.43 is 16.8% above this benchmark. Historically, Thai Airways International PCL's own Days Inventory has ranged from 9.97 to 43.20 over the past decade. While the company's 10-year median is 13.05 vs. the industry median of 12.35, Thai Airways International 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 Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 798 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 Airways International PCL's current Days Inventory of 14.43 is 16.8% 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 Thai Airways International PCL and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Airways International PCL's current Days Inventory is 14.43, which is 11% above median its own 10-year median of 13.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Thai Airways International PCL (BKK:THAI-R) has a current Days Inventory of 14.43. The stock's GF Value™ is ฿0.33, compared to a current price of ฿6.00 — trading 1718.2% above its estimated fair value. The current Days Inventory is 14.43, which is 11% above median its 10-year median of 13.05 and 16.8% above the Transportation industry median of 12.35. Thai Airways International PCL's overall GF Score™ is 37/100 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 Thai Airways International PCL (BKK:THAI-R), the current Days Inventory is 14.43 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 Thai Airways International PCL (BKK:THAI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued. The current stock price of ฿6.00 is trading 1718.2% above its estimated GF Value™ of ฿0.33.

Key valuation signals for BKK:THAI-R:

  • Days Inventory: 14.43 (11% above median its 10-year median of 13.05)
  • GF Value™: ฿0.33 vs. price of ฿6.00 (1718.2% above fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 16.8% above the Transportation median (#425 of 798)

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


Thai Airways International PCL Business Description

Address 89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
37GF Score

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

฿6.00
Price
฿0.33
GF Value