Forth PCL (BKK:FORTH-R) Days Sales Outstanding: 47.62 (As of Mar. 2026) — 22% Below Median


BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
80 GF Score
Price ฿6.44
GF Value ฿5.95
! 10 Warning Signs
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What is Forth PCL Days Sales Outstanding?

Forth PCL BKK:FORTH-R 80 Days Sales Outstanding is 47.62 as of Mar. 2026, which is 22% below its 10-year median of 60.96. GuruFocus rates BKK:FORTH-R with a GF Score™ of 80/100 and a GF Value™ of ฿5.95. The stock has 10 warning signs investors should review. Among 539 Conglomerates companies, Forth PCL ranks better than 74.95% on this metric.

Forth PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿1,274 Mil. Forth PCL's Revenue for the three months ended in Mar. 2026 was ฿2,440 Mil. Hence, Forth PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 47.62.

The historical rank and industry rank for Forth PCL's Days Sales Outstanding or its related term are showing as below:

BKK:FORTH-R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.11   Med: 60.96   Max: 92.95
Current: 36.41

During the past 13 years, Forth PCL's highest Days Sales Outstanding was 92.95. The lowest was 29.11. And the median was 60.96.

BKK:FORTH-R's Days Sales Outstanding is ranked better than
74.95% of 539 companies
in the Conglomerates industry
Industry Median: 57.58 vs BKK:FORTH-R: 36.41

Forth PCL's Days Sales Outstanding increased from Mar. 2025 (38.46) to Mar. 2026 (47.62).


Forth PCL  (BKK:FORTH-R) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Forth PCL Days Sales Outstanding Related Terms


Forth PCL Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Forth PCL's Days Sales Outstanding 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.

Forth PCL Days Sales Outstanding Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.65 67.38 54.53 35.63 36.36

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Sales Outstanding 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 38.46 31.90 26.98 45.10 47.62

BKK:FORTH-R vs HON, MMM: Days Sales Outstanding Comparison

For the Conglomerates subindustry, Forth PCL's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Forth PCL Days Sales Outstanding vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forth PCL's Days Sales Outstanding falls into.


BKK:FORTH-R
80GF Score
Forth Corp PCL BKK:FORTH-R
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Forth PCL Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Forth PCL's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (891.426 + 1302.719) / 2 ) / 11014.215*365
=1097.0725 / 11014.215*365
=36.36

Forth PCL's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (1302.719 + 1244.538) / 2 ) / 2440.448*365 / 4
=1273.6285 / 2440.448*365 / 4
=47.62

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 47.62 mean?
Forth PCL (BKK:FORTH-R) has a Days Sales Outstanding of 47.62 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Forth PCL and its competitors. This is 22% below median its historical median of 60.96. Over the past decade, Forth PCL's Days Sales Outstanding has ranged from 29.11 to 92.95. According to the industry distribution chart, Forth PCL ranks #135 out of 539 companies in the Conglomerates industry, placing it in the top 25%.
Is Forth PCL's Days Sales Outstanding too high?
Forth PCL's current Days Sales Outstanding of 47.62 is 22% below median its 10-year median of 60.96. Over the past 10 years, this metric has ranged from a low of 29.11 to a high of 92.95. The Conglomerates industry median Days Sales Outstanding is 57.58. Forth PCL's value of 47.62 is 17.3% below this industry median. Based on the distribution chart, Forth PCL ranks #135 out of 539 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Forth PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Days Sales Outstanding compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #135 out of 539 companies for Days Sales Outstanding. This places Forth PCL in the top 25% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 57.58. Forth PCL's value of 47.62 is 17.3% below this benchmark. Historically, Forth PCL's own Days Sales Outstanding has ranged from 29.11 to 92.95 over the past decade. While the company's 10-year median is 60.96 vs. the industry median of 57.58, Forth PCL has consistently been below 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 Sales Outstanding for a Conglomerates company?
The median Days Sales Outstanding among Conglomerates companies is 57.58, based on 539 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current Days Sales Outstanding of 47.62 is 17.3% below 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Forth PCL and its competitors. For the Conglomerates industry, the median Days Sales Outstanding is 57.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Days Sales Outstanding is 47.62, which is 22% below median its own 10-year median of 60.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current Days Sales Outstanding of 47.62. The stock's GF Value™ is ฿5.95, compared to a current price of ฿6.44 — trading 8.2% above its estimated fair value. The current Days Sales Outstanding is 47.62, which is 22% below median its 10-year median of 60.96 and 17.3% below the Conglomerates industry median of 57.58. Forth PCL's overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Days Sales Outstanding is 47.62 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued. The current stock price of ฿6.44 is trading 8.2% above its estimated GF Value™ of ฿5.95.

Key valuation signals for BKK:FORTH-R:

  • Days Sales Outstanding: 47.62 (22% below median its 10-year median of 60.96)
  • GF Value™: ฿5.95 vs. price of ฿6.44 (8.2% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 17.3% below the Conglomerates median (#135 of 539)

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


Forth PCL Business Description

Other Exchanges FORTH:Thailand
Address 1053/1, Phaholyothin Road, Phayathai, Phayathai, Bangkok, THA, 10400
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
80GF Score

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

฿6.44
Price
฿5.95
GF Value