Pilatus Marine PCL (BKK:PLT) Inventory Turnover: 10.38 (As of Mar. 2026)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

Pilatus Marine PCL BKK:PLT

31 GF Score

Price ฿0.54

GF Value ฿0.92

Valuation Possible Value Trap

3 Warning Signs

View Full Analysis

What is Pilatus Marine PCL Inventory Turnover?

Pilatus Marine PCL BKK:PLT +1.89% 31 Inventory Turnover is 10.38 as of Mar. 2026. GuruFocus rates BKK:PLT with a GF Score™ of 31/100 and a GF Value™ of ฿0.92 (Possible Value Trap). 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. Pilatus Marine PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿228 Mil. Pilatus Marine PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿22 Mil. Pilatus Marine PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pilatus Marine PCL's Days Inventory for the three months ended in Mar. 2026 was 8.79.

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. Pilatus Marine PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.

Pilatus Marine PCL (BKK:PLT) 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.

Pilatus Marine 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
	=	21.931	/	227.666	*	365 / 4
	=	8.79

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.

Pilatus Marine 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 )
	=	21.931	/	264.874
	=	0.08

* 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.

Pilatus Marine PCL Inventory Turnover Related Terms

Pilatus Marine PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Pilatus Marine PCL's Inventory Turnover can be seen below:

Pilatus Marine PCL Inventory Turnover Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

80.10

77.02

63.26

62.64

56.88

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial											16.91	13.87	13.21	13.84	10.38

31GF Score

Pilatus Marine PCL BKK:PLT

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Pilatus Marine PCL Inventory Turnover Calculation

Pilatus Marine 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 )
=	890.368	/ (	(14.513	+	16.794)	/	2 )
=	890.368	/	15.6535
=	56.88

Pilatus Marine 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 )
=	227.666	/ (	(16.794	+	27.068)	/	2 )
=	227.666	/	21.931
=	10.38

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 10.38 mean?

Pilatus Marine PCL (BKK:PLT) has a Inventory Turnover of 10.38 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pilatus Marine PCL and its competitors.

Is Pilatus Marine PCL's Inventory Turnover too high?

Pilatus Marine PCL's current Inventory Turnover is 10.38. Overall, Pilatus Marine PCL has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Pilatus Marine PCL's Inventory Turnover compare to WMB and EPD?

Pilatus Marine PCL's Inventory Turnover of 10.38 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Pilatus Marine PCL and its competitors. Pilatus Marine PCL's current Inventory Turnover is 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pilatus Marine PCL stock overvalued right now?

Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.92, compared to a current price of ฿0.54 — trading 41.3% below its estimated fair value. The current Inventory Turnover is 10.38. Pilatus Marine PCL's overall GF Score™ is 31/100 with 3 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 Pilatus Marine PCL (BKK:PLT), the current Inventory Turnover is 10.38 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued. The current stock price of ฿0.54 is trading 41.3% below its estimated GF Value™ of ฿0.92. GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.

Key valuation signals for BKK:PLT:

Inventory Turnover: 10.38
GF Value™: ฿0.92 vs. price of ฿0.54 (41.3% below fair value)
GF Score™: 31/100 with 3 warning signs

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

Pilatus Marine PCL Business Description

Industry Energy Oil & Gas

Comparable Companies BKK:PSTC TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG CQP TSX:PPL VG SHSE:601872 WES PAA DTM HKSE:01138 TSX:KEY

Address At 84/1-4, Soi Phahon Yothin 37, Young Place Grand Le Jardin Building, 1st-4th Floors, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.

31GF Score

Get the complete analysis for BKK:PLT

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

฿0.54

Price

฿0.92

GF Value

View BKK:PLT Analysis

See Inventory Turnover data for all stocks →