G Steel PCL (BKK:GSTEEL) Inventory Turnover: 1.52 (As of Mar. 2026)

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What is G Steel PCL Inventory Turnover?

G Steel PCL BKK:GSTEEL Inventory Turnover is 1.52 as of Mar. 2026. The stock has 4 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. G Steel PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿3,993 Mil. G Steel PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿2,624 Mil. G Steel PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. G Steel PCL's Days Inventory for the three months ended in Mar. 2026 was 59.95.

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. G Steel PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.67.


G Steel PCL  (BKK:GSTEEL) 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.

G Steel 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
=2623.74/3993.33*365 / 4
=59.95

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.

G Steel 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 )
=2623.74 / 3923.356
=0.67

* 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.


G Steel PCL Inventory Turnover Related Terms


G Steel PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for G Steel 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.

G Steel PCL Inventory Turnover Chart

G Steel 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 8.21 7.33 6.74 6.31 4.57

G Steel 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 1.22 1.04 0.93 1.06 1.52

G Steel PCL Inventory Turnover Calculation

G Steel 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 )
=9579.21 / ((1581.158 + 2608.427) / 2 )
=9579.21 / 2094.7925
=4.57

G Steel 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 )
=3993.33 / ((2608.427 + 2639.053) / 2 )
=3993.33 / 2623.74
=1.52

* 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 1.52 mean?
G Steel PCL (BKK:GSTEEL) has a Inventory Turnover of 1.52 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on G Steel PCL and its competitors.
Is G Steel PCL's Inventory Turnover too high?
G Steel PCL's current Inventory Turnover is 1.52.
How does G Steel PCL's Inventory Turnover compare to NUE and STLD?
G Steel PCL's Inventory Turnover of 1.52 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 G Steel PCL and its competitors. G Steel PCL's current Inventory Turnover is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G Steel PCL stock overvalued right now?
G Steel PCL (BKK:GSTEEL) has a current Inventory Turnover of 1.52. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.09 — trading 125% above its estimated fair value. The current Inventory Turnover is 1.52. 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 G Steel PCL (BKK:GSTEEL), the current Inventory Turnover is 1.52 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.

G Steel PCL Business Description

Address Silom Road, Suriyawong, 88, Paso Tower, 18th Floor, Bangrak, Bangkok, THA, 10500
G Steel PCL is engaged in manufacturing and distributing hot rolled coil steel products. It offers cold rolled steel sheets, galvanized steel, steel pipes, steel products for construction, automobile and parts and electrical appliances. The company's products serve as raw materials for downstream industries as cold-rolled coils, galvanized steel, steel pipe, structural steel products for construction, LPG container, automobile, electrical appliance as well as steel furniture industries. It operates in a single line of business, namely manufacturing of flat-rolled steel products. Geographically, the company operates in Thailand.