Mida Assets PCL (BKK:MIDA) Inventory Turnover: 1.70 (As of Mar. 2026)

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BKK:MIDA Mida Assets PCL BKK:MIDA
32 GF Score
Price ฿0.50
GF Value ฿0.30
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Mida Assets PCL Inventory Turnover?

Mida Assets PCL BKK:MIDA 32 Inventory Turnover is 1.70 as of Mar. 2026. GuruFocus rates BKK:MIDA with a GF Score™ of 32/100 and a GF Value™ of ฿0.30 (Significantly Overvalued). The stock has 9 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. Mida Assets PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿314 Mil. Mida Assets PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿185 Mil. Mida Assets PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mida Assets PCL's Days Inventory for the three months ended in Mar. 2026 was 53.81.

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. Mida Assets PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.32.

Mida Assets PCL  (BKK:MIDA) 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.

Mida Assets 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
=184.947/313.64*365 / 4
=53.81

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.

Mida Assets 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 )
=184.947 / 585.993
=0.32

* 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.

Mida Assets PCL Inventory Turnover Related Terms

Mida Assets PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mida Assets 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.

Mida Assets PCL Inventory Turnover Chart

Mida Assets 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 5.84 6.13 7.72 6.30 7.94

Mida Assets 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 1.45 1.43 3.00 1.90 1.70
BKK:MIDA
32GF Score
Mida Assets PCL BKK:MIDA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mida Assets PCL Inventory Turnover Calculation

Mida Assets 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 )
=1407.622 / ((173.89 + 180.617) / 2 )
=1407.622 / 177.2535
=7.94

Mida Assets 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 )
=313.64 / ((180.617 + 189.277) / 2 )
=313.64 / 184.947
=1.70

* 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 1.70 mean?
Mida Assets PCL (BKK:MIDA) has a Inventory Turnover of 1.70 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mida Assets PCL and its competitors.
Is Mida Assets PCL's Inventory Turnover too high?
Mida Assets PCL's current Inventory Turnover is 1.70. Overall, Mida Assets PCL has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Assets PCL's Inventory Turnover compare to V and MA?
Mida Assets PCL's Inventory Turnover of 1.70 can be compared against companies in the Credit Services 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 Credit Services company?
A good Inventory Turnover depends on the Credit Services 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 Mida Assets PCL and its competitors. Mida Assets PCL's current Inventory Turnover is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Assets PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Assets PCL (BKK:MIDA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.30, compared to a current price of ฿0.50 — trading 66.7% above its estimated fair value. The current Inventory Turnover is 1.70. Mida Assets PCL's overall GF Score™ is 32/100 with 9 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 Mida Assets PCL (BKK:MIDA), the current Inventory Turnover is 1.70 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 Mida Assets PCL (BKK:MIDA) Overvalued in 2026?

Based on GuruFocus' analysis, Mida Assets PCL stock appears to be overvalued. The current stock price of ฿0.50 is trading 66.7% above its estimated GF Value™ of ฿0.30. GuruFocus considers Mida Assets PCL to be Significantly Overvalued.

Key valuation signals for BKK:MIDA:

  • Inventory Turnover: 1.70
  • GF Value™: ฿0.30 vs. price of ฿0.50 (66.7% above fair value)
  • GF Score™: 32/100 with 9 warning signs

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

Mida Assets PCL Business Description

Address 267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchase financing for electrical home appliance, providing financial services for cars, motorcycles, and used cars, hotel business, condominium for rental and hotel operations services and management, real estate development for sales, golf course rental, agency for sale of real estate, advertising, public relation, providing financial services, management of non-performing assets, pawnshop services, herbal supplement, security guard services, organizing event, manufacturing beer and Others. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services and Others.
32GF Score

Get the complete analysis for BKK:MIDA

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

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