Asian Marine Services PCL (BKK:ASIMAR) Inventory Turnover: 3.47 (As of Mar. 2026)

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:ASIMAR Asian Marine Services PCL BKK:ASIMAR
75 GF Score
Price ฿1.41
GF Value ฿1.91
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Asian Marine Services PCL Inventory Turnover?

Asian Marine Services PCL BKK:ASIMAR +0.71% 75 Inventory Turnover is 3.47 as of Mar. 2026. GuruFocus rates BKK:ASIMAR with a GF Score™ of 75/100 and a GF Value™ of ฿1.91 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Asian Marine Services PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿162.9 Mil. Asian Marine Services PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿46.9 Mil. Asian Marine Services PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asian Marine Services PCL's Days Inventory for the three months ended in Mar. 2026 was 26.26.

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. Asian Marine Services PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.23.

Asian Marine Services PCL  (BKK:ASIMAR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Asian Marine Services PCL's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=46.891/162.927*365 / 4
=26.26

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.

Asian Marine Services PCL's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=46.891 / 202.473
=0.23

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Asian Marine Services PCL Inventory Turnover Related Terms

Asian Marine Services PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Asian Marine Services PCL's Inventory Turnover 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.

Asian Marine Services PCL Inventory Turnover Chart

Asian Marine Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.39 22.51 18.01 41.11 17.74

Asian Marine Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 7.97 9.06 8.69 4.02 3.47
BKK:ASIMAR
75GF Score
Asian Marine Services PCL BKK:ASIMAR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Marine Services PCL Inventory Turnover Calculation

Asian Marine Services PCL's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=708.902 / ((20.16 + 59.739) / 2 )
=708.902 / 39.9495
=17.74

Asian Marine Services PCL's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=162.927 / ((59.739 + 34.043) / 2 )
=162.927 / 46.891
=3.47

* 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 Inventory Turnover →
What does a Inventory Turnover of 3.47 mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Inventory Turnover of 3.47 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Asian Marine Services PCL and its competitors.
Is Asian Marine Services PCL's Inventory Turnover too high?
Asian Marine Services PCL's current Inventory Turnover is 3.47. Overall, Asian Marine Services PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Inventory Turnover compare to SPCX and GE?
Asian Marine Services PCL's Inventory Turnover of 3.47 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Asian Marine Services PCL and its competitors. Asian Marine Services PCL's current Inventory Turnover is 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.41 — trading 26.2% below its estimated fair value. The current Inventory Turnover is 3.47. Asian Marine Services PCL's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Asian Marine Services PCL (BKK:ASIMAR), the current Inventory Turnover is 3.47 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.41 is trading 26.2% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • Inventory Turnover: 3.47
  • GF Value™: ฿1.91 vs. price of ฿1.41 (26.2% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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

Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
75GF Score

Get the complete analysis for BKK:ASIMAR

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

฿1.41
Price
฿1.91
GF Value