NL Development PCL (BKK:NL) Inventory Turnover: 4.48 (As of Mar. 2026)


BKK:NL NL Development PCL BKK:NL
16 GF Score
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What is NL Development PCL Inventory Turnover?

NL Development PCL BKK:NL 16 Inventory Turnover is 4.48 as of Mar. 2026. GuruFocus rates BKK:NL with a GF Score™ of 16/100. The stock has 2 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. NL Development PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿287 Mil. NL Development PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿64 Mil. NL Development PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NL Development PCL's Days Inventory for the three months ended in Mar. 2026 was 20.37.

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. NL Development PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.20.

NL Development PCL  (BKK:NL) 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.

NL Development 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
=64.0325/286.821*365 / 4
=20.37

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.

NL Development 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 )
=64.0325 / 324.337
=0.20

* 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.

NL Development PCL Inventory Turnover Related Terms

NL Development PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NL Development 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.

NL Development PCL Inventory Turnover Chart

NL Development PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
13.25 11.94 22.76 11.68 11.65

NL Development PCL Quarterly Data
Dec21 Mar22 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 2.73 2.27 4.37 5.43 4.48
BKK:NL
16GF Score
NL Development PCL BKK:NL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NL Development PCL Inventory Turnover Calculation

NL Development 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 )
=1029.646 / ((110.665 + 66.091) / 2 )
=1029.646 / 88.378
=11.65

NL Development 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 )
=286.821 / ((66.091 + 61.974) / 2 )
=286.821 / 64.0325
=4.48

* 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 4.48 mean?
NL Development PCL (BKK:NL) has a Inventory Turnover of 4.48 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NL Development PCL and its competitors.
Is NL Development PCL's Inventory Turnover too high?
NL Development PCL's current Inventory Turnover is 4.48. Overall, NL Development PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does NL Development PCL's Inventory Turnover compare to PWR and FIX?
NL Development PCL's Inventory Turnover of 4.48 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 NL Development PCL and its competitors. NL Development PCL's current Inventory Turnover is 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NL Development PCL stock overvalued right now?
NL Development PCL (BKK:NL) has a current Inventory Turnover of 4.48. The current Inventory Turnover is 4.48. NL Development PCL's overall GF Score™ is 16/100 with 2 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 NL Development PCL (BKK:NL), the current Inventory Turnover is 4.48 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.

NL Development PCL Business Description

Address 417 Ratchawithi Road, Bang Phlat District, Bangkok, THA, 10700
NL Development PCL is engaged in business of contractor and general construction. It provides surveying, design, and construction services for all types of buildings, including the installation of various engineering systems and public infrastructure construction.
16GF Score

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

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