TOA Paint (Thailand) PCL (BKK:TOA-R) Days Inventory: 90.71 (As of Jun. 2026) — 19% 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:TOA-R TOA Paint (Thailand) PCL BKK:TOA-R
88 GF Score
Price ฿15.20
GF Value ฿13.39
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is TOA Paint (Thailand) PCL Days Inventory?

TOA Paint (Thailand) PCL BKK:TOA-R -1.90% 88 Days Inventory is 90.71 as of Jun. 2026, which is 19% above its 10-year median of 75.99. GuruFocus rates BKK:TOA-R with a GF Score™ of 88/100 and a GF Value™ of ฿13.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,549 Chemicals companies, TOA Paint (Thailand) PCL ranks worse than 56.49% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). TOA Paint (Thailand) PCL's Average Total Inventories for the three months ended in Jun. 2026 was ฿3,326 Mil. TOA Paint (Thailand) PCL's Cost of Goods Sold for the three months ended in Jun. 2026 was ฿3,346 Mil. Hence, TOA Paint (Thailand) PCL's Days Inventory for the three months ended in Jun. 2026 was 90.71.

The historical rank and industry rank for TOA Paint (Thailand) PCL's Days Inventory or its related term are showing as below:

BKK:TOA-R' s Days Inventory Range Over the Past 10 Years
Min: 72.35   Med: 75.99   Max: 87.88
Current: 87.88

During the past 11 years, TOA Paint (Thailand) PCL's highest Days Inventory was 87.88. The lowest was 72.35. And the median was 75.99.

BKK:TOA-R's Days Inventory is ranked worse than
56.49% of 1549 companies
in the Chemicals industry
Industry Median: 80.34 vs BKK:TOA-R: 87.88

TOA Paint (Thailand) PCL's Days Inventory increased from Jun. 2025 (86.43) to Jun. 2026 (90.71). It might indicate that TOA Paint (Thailand) PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TOA Paint (Thailand) PCL's Inventory Turnover for the three months ended in Jun. 2026 was 1.01.

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. TOA Paint (Thailand) PCL's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.60.


TOA Paint (Thailand) PCL  (BKK:TOA-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.

TOA Paint (Thailand) PCL's Inventory Turnover for the three months ended in Jun. 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.

TOA Paint (Thailand) PCL's Inventory to Revenue for the three months ended in Jun. 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.


TOA Paint (Thailand) PCL Days Inventory Related Terms


TOA Paint (Thailand) PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for TOA Paint (Thailand) 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.

TOA Paint (Thailand) PCL Days Inventory Chart

TOA Paint (Thailand) 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 73.82 73.67 75.71 79.09 83.31

TOA Paint (Thailand) PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 86.43 89.54 84.46 79.51 90.71

BKK:TOA-R vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, TOA Paint (Thailand) 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.


TOA Paint (Thailand) PCL Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where TOA Paint (Thailand) PCL's Days Inventory falls into.


BKK:TOA-R
88GF Score
TOA Paint (Thailand) PCL BKK:TOA-R
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOA Paint (Thailand) PCL Days Inventory Calculation

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

TOA Paint (Thailand) 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
=( (3171.399 + 2901.283) / 2 ) / 13302.96*365
=3036.341 / 13302.96*365
=83.31

TOA Paint (Thailand) PCL's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (2942.513 + 3708.953) / 2 ) / 3345.71*365 / 4
=3325.733 / 3345.71*365 / 4
=90.71

* 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 90.71 mean?
TOA Paint (Thailand) PCL (BKK:TOA-R) has a Days Inventory of 90.71 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TOA Paint (Thailand) PCL and its competitors. This is 19% above median its historical median of 75.99. Over the past decade, TOA Paint (Thailand) PCL's Days Inventory has ranged from 72.35 to 87.88. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #875 out of 1549 companies in the Chemicals industry, placing it in the top 56.5%.
Is TOA Paint (Thailand) PCL's Days Inventory too high?
TOA Paint (Thailand) PCL's current Days Inventory of 90.71 is 19% above median its 10-year median of 75.99. Over the past 10 years, this metric has ranged from a low of 72.35 to a high of 87.88. The Chemicals industry median Days Inventory is 80.34. TOA Paint (Thailand) PCL's value of 90.71 is 12.9% above this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #875 out of 1549 companies in the Chemicals industry, which is below the industry midpoint. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #875 out of 1549 companies for Days Inventory. This places TOA Paint (Thailand) PCL in the lower half of its industry. The industry median Days Inventory is 80.34. TOA Paint (Thailand) PCL's value of 90.71 is 12.9% above this benchmark. Historically, TOA Paint (Thailand) PCL's own Days Inventory has ranged from 72.35 to 87.88 over the past decade. While the company's 10-year median is 75.99 vs. the industry median of 80.34, TOA Paint (Thailand) 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 80.34, based on 1,549 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. TOA Paint (Thailand) PCL's current Days Inventory of 90.71 is 12.9% 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 TOA Paint (Thailand) PCL and its competitors. For the Chemicals industry, the median Days Inventory is 80.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current Days Inventory is 90.71, which is 19% above median its own 10-year median of 75.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.39, compared to a current price of ฿15.20 — trading 13.5% above its estimated fair value. The current Days Inventory is 90.71, which is 19% above median its 10-year median of 75.99 and 12.9% above the Chemicals industry median of 80.34. TOA Paint (Thailand) PCL's overall GF Score™ is 88/100 with 2 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 TOA Paint (Thailand) PCL (BKK:TOA-R), the current Days Inventory is 90.71 as of Jun. 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 TOA Paint (Thailand) PCL (BKK:TOA-R) Overvalued in 2026?

Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be overvalued. The current stock price of ฿15.20 is trading 13.5% above its estimated GF Value™ of ฿13.39. GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:TOA-R:

  • Days Inventory: 90.71 (19% above median its 10-year median of 75.99)
  • GF Value™: ฿13.39 vs. price of ฿15.20 (13.5% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 12.9% above the Chemicals median (#875 of 1549)

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


TOA Paint (Thailand) PCL Business Description

Other Exchanges TOA:Thailand
Address Bangna-Trad Road, 31/2 Moo 3, Tumbol Bangsaotong, Amphur Bangsaotong, Samutprakarn, THA, 10570
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
88GF Score

Get the complete analysis for BKK:TOA-R

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

฿15.20
Price
฿13.39
GF Value