More Return PCL (BKK:MORE) Inventory Turnover: 0.68 (As of Mar. 2026)


What is More Return PCL Inventory Turnover?

More Return PCL BKK:MORE Inventory Turnover is 0.68 as of Mar. 2026. The stock has 3 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. More Return PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿15.92 Mil. More Return PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿23.38 Mil. More Return PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. More Return PCL's Days Inventory for the three months ended in Mar. 2026 was 134.04.

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. More Return PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.09.

More Return PCL  (BKK:MORE) 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.

More Return 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
=23.3805/15.917*365 / 4
=134.04

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.

More Return 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 )
=23.3805 / 21.359
=1.09

* 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.

More Return PCL Inventory Turnover Related Terms

More Return PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for More Return 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.

More Return PCL Inventory Turnover Chart

More Return 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 5.60 6.73 0.00 19.11 4.14

More Return 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 1.01 0.62 0.67 0.63 0.68

More Return PCL Inventory Turnover Calculation

More Return 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 )
=61.16 / ((6.166 + 23.383) / 2 )
=61.16 / 14.7745
=4.14

More Return 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 )
=15.917 / ((23.383 + 23.378) / 2 )
=15.917 / 23.3805
=0.68

* 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 0.68 mean?
More Return PCL (BKK:MORE) has a Inventory Turnover of 0.68 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on More Return PCL and its competitors.
Is More Return PCL's Inventory Turnover too high?
More Return PCL's current Inventory Turnover is 0.68.
How does More Return PCL's Inventory Turnover compare to AWK and WTRG?
More Return PCL's Inventory Turnover of 0.68 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 More Return PCL and its competitors. More Return PCL's current Inventory Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
Based on GuruFocus' analysis, More Return PCL (BKK:MORE) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.05 — trading right at its estimated fair value. The current Inventory Turnover is 0.68. 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 More Return PCL (BKK:MORE), the current Inventory Turnover is 0.68 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.

More Return PCL Business Description

Address Vibhavadi Rangsit Road, Soi Vibhavadi Rangsit 17, 222/148-150, Baan Suan Chatuchak Condominium, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.