Nforce Secure PCL (BKK:SECURE) Inventory Turnover: 5.24 (As of Mar. 2026)

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Nforce Secure PCL BKK:SECURE

92 GF Score

Price ฿14.20

GF Value ฿15.00

Valuation Fairly Valued

3 Warning Signs

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What is Nforce Secure PCL Inventory Turnover?

Nforce Secure PCL BKK:SECURE -1.39% 92 Inventory Turnover is 5.24 as of Mar. 2026. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). 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. Nforce Secure PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿240 Mil. Nforce Secure PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿46 Mil. Nforce Secure PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nforce Secure PCL's Days Inventory for the three months ended in Mar. 2026 was 17.40.

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. Nforce Secure PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.15.

Nforce Secure PCL (BKK:SECURE) 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.

Nforce Secure 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
	=	45.675	/	239.514	*	365 / 4
	=	17.40

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.

Nforce Secure 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 )
	=	45.675	/	307.282
	=	0.15

* 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.

Nforce Secure PCL Inventory Turnover Related Terms

Nforce Secure PCL Inventory Turnover Historical Data

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The historical data trend for Nforce Secure PCL's Inventory Turnover can be seen below:

Nforce Secure PCL Inventory Turnover Chart

Nforce Secure PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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14.07

30.55

31.19

25.16

28.11

Nforce Secure 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															5.56	4.66	3.35	7.01	5.24

92GF Score

Nforce Secure PCL BKK:SECURE

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

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Nforce Secure PCL Inventory Turnover Calculation

Nforce Secure 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 )
=	1038.025	/ (	(37.816	+	36.041)	/	2 )
=	1038.025	/	36.9285
=	28.11

Nforce Secure 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 )
=	239.514	/ (	(36.041	+	55.309)	/	2 )
=	239.514	/	45.675
=	5.24

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 5.24 mean?

Nforce Secure PCL (BKK:SECURE) has a Inventory Turnover of 5.24 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nforce Secure PCL and its competitors.

Is Nforce Secure PCL's Inventory Turnover too high?

Nforce Secure PCL's current Inventory Turnover is 5.24. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Nforce Secure PCL's Inventory Turnover compare to MSFT and ORCL?

Nforce Secure PCL's Inventory Turnover of 5.24 can be compared against companies in the Hardware 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 Hardware company?

A good Inventory Turnover depends on the Hardware 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 Nforce Secure PCL and its competitors. Nforce Secure PCL's current Inventory Turnover is 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nforce Secure PCL stock overvalued right now?

Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current Inventory Turnover is 5.24. Nforce Secure PCL's overall GF Score™ is 92/100 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 Nforce Secure PCL (BKK:SECURE), the current Inventory Turnover is 5.24 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00. GuruFocus considers Nforce Secure PCL to be Fairly Valued.

Key valuation signals for BKK:SECURE:

Inventory Turnover: 5.24
GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
GF Score™: 92/100 with 3 warning signs

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

Nforce Secure PCL Business Description

Industry Technology Hardware

Comparable Companies BKK:TL BKK:READY MSFT ORCL PLTR PANW CRWD HKSE:02513 FTNT SNPS NET CRWV XYZ XAMS:ADYEN NTAP TWLO MDB VRSN FFIV CPAY

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310

Website https://www.nforcesecure.com

Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.

92GF Score

Get the complete analysis for BKK:SECURE

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

฿14.20

Price

฿15.00

GF Value

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