Ocean Glass PCL (BKK:OGC) Inventory Turnover: 0.23 (As of Mar. 2026)


BKK:OGC Ocean Glass PCL BKK:OGC
59 GF Score
Price ฿9.70
GF Value ฿18.44
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ocean Glass PCL Inventory Turnover?

Ocean Glass PCL BKK:OGC 59 Inventory Turnover is 0.23 as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 59/100 and a GF Value™ of ฿18.44 (Possible Value Trap). The stock has 8 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. Ocean Glass PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿298 Mil. Ocean Glass PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿1,273 Mil. Ocean Glass PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ocean Glass PCL's Days Inventory for the three months ended in Mar. 2026 was 389.50.

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. Ocean Glass PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 3.25.

Ocean Glass PCL  (BKK:OGC) 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.

Ocean Glass 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
=1272.5175/298.116*365 / 4
=389.50

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.

Ocean Glass 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 )
=1272.5175 / 391.632
=3.25

* 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.

Ocean Glass PCL Inventory Turnover Related Terms

Ocean Glass PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ocean Glass 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.

Ocean Glass PCL Inventory Turnover Chart

Ocean Glass 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 1.17 1.52 1.24 1.01 0.92

Ocean Glass 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 0.21 0.18 0.21 0.29 0.23
BKK:OGC
59GF Score
Ocean Glass PCL BKK:OGC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Glass PCL Inventory Turnover Calculation

Ocean Glass 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 )
=1143.227 / ((1230.134 + 1248.728) / 2 )
=1143.227 / 1239.431
=0.92

Ocean Glass 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 )
=298.116 / ((1248.728 + 1296.307) / 2 )
=298.116 / 1272.5175
=0.23

* 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 0.23 mean?
Ocean Glass PCL (BKK:OGC) has a Inventory Turnover of 0.23 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ocean Glass PCL and its competitors.
Is Ocean Glass PCL's Inventory Turnover too high?
Ocean Glass PCL's current Inventory Turnover is 0.23. Overall, Ocean Glass PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Inventory Turnover compare to SN and SGI?
Ocean Glass PCL's Inventory Turnover of 0.23 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances 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 Ocean Glass PCL and its competitors. Ocean Glass PCL's current Inventory Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.44, compared to a current price of ฿9.70 — trading 47.4% below its estimated fair value. The current Inventory Turnover is 0.23. Ocean Glass PCL's overall GF Score™ is 59/100 with 8 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 Ocean Glass PCL (BKK:OGC), the current Inventory Turnover is 0.23 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 Ocean Glass PCL (BKK:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿9.70 is trading 47.4% below its estimated GF Value™ of ฿18.44. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC:

  • Inventory Turnover: 0.23
  • GF Value™: ฿18.44 vs. price of ฿9.70 (47.4% below fair value)
  • GF Score™: 59/100 with 8 warning signs

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

Ocean Glass PCL Business Description

Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
59GF Score

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

฿9.70
Price
฿18.44
GF Value