Forth PCL (BKK:FORTH-R) Inventory Turnover: 0.93 (As of Mar. 2026)

What is Forth PCL Inventory Turnover?

Forth PCL BKK:FORTH-R 84 Inventory Turnover is 0.93 as of Mar. 2026. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. 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. Forth PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,866 Mil. Forth PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿1,998 Mil. Forth PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forth PCL's Days Inventory for the three months ended in Mar. 2026 was 97.71.

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. Forth PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.82.

Forth PCL (BKK:FORTH-R) 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.

Forth 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
	=	1997.879	/	1865.729	*	365 / 4
	=	97.71

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.

Forth 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 )
	=	1997.879	/	2440.448
	=	0.82

* 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.

Forth PCL Inventory Turnover Related Terms

Forth PCL Inventory Turnover Historical Data

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The historical data trend for Forth PCL's Inventory Turnover can be seen below:

Forth PCL Inventory Turnover Chart

Forth PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.67

4.03

3.79

3.78

4.41

Forth 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															0.81	0.97	1.43	1.02	0.93

84GF Score

Forth Corp PCL BKK:FORTH-R

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Forth PCL Inventory Turnover Calculation

Forth 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 )
=	8478.755	/ (	(1922.439	+	1926.807)	/	2 )
=	8478.755	/	1924.623
=	4.41

Forth 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 )
=	1865.729	/ (	(1926.807	+	2068.951)	/	2 )
=	1865.729	/	1997.879
=	0.93

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.93 mean?

Forth PCL (BKK:FORTH-R) has a Inventory Turnover of 0.93 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Forth PCL and its competitors.

Is Forth PCL's Inventory Turnover too high?

Forth PCL's current Inventory Turnover is 0.93. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.

How does Forth PCL's Inventory Turnover compare to HON and MMM?

Forth PCL's Inventory Turnover of 0.93 can be compared against companies in the Conglomerates 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 a Conglomerates company?

A good Inventory Turnover depends on the Conglomerates 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 Forth PCL and its competitors. Forth PCL's current Inventory Turnover is 0.93. 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 Inventory Turnover of 0.93. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current Inventory Turnover is 0.93. Forth PCL's overall GF Score™ is 84/100 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 Forth PCL (BKK:FORTH-R), the current Inventory Turnover is 0.93 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 5.4% above its estimated GF Value™ of ฿6.11.

Key valuation signals for BKK:FORTH-R:

Inventory Turnover: 0.93
GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
GF Score™: 84/100 with 6 warning signs

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

Industry Industrials Conglomerates

Comparable Companies BKK:TTA BKK:VGI BKK:SUC BKK:PCC BKK:LOXLEY BKK:MBK BKK:RABBIT BKK:ACC BKK:UREKA BKK:ETE ADX:IHC HON TSE:6501 TSE:8058 TSE:8031 TSE:8001 MMM TSE:8002 TSE:8053 TSE:5803

Other Exchanges FORTH:Thailand

Address 1053/1, Phaholyothin Road, Phayathai, Phayathai, Bangkok, THA, 10400

Website https://www.forth.co.th

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.

84GF Score

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

฿6.44

Price

฿6.11

GF Value

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