Thai Nam Plastic PCL (BKK:TNPC) Inventory Turnover: 0.68 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

BKK:TNPC Thai Nam Plastic PCL BKK:TNPC
47 GF Score
Price ฿0.92
GF Value ฿0.91
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Thai Nam Plastic PCL Inventory Turnover?

Thai Nam Plastic PCL BKK:TNPC +1.10% 47 Inventory Turnover is 0.68 as of Mar. 2026. GuruFocus rates BKK:TNPC with a GF Score™ of 47/100 and a GF Value™ of ฿0.91 (Fairly Valued). The stock has 7 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. Thai Nam Plastic PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿290 Mil. Thai Nam Plastic PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was ฿425 Mil. Thai Nam Plastic 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. Thai Nam Plastic PCL's Days Inventory for the three months ended in Mar. 2026 was 133.73.

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. Thai Nam Plastic PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.22.


Thai Nam Plastic PCL  (BKK:TNPC) 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.

Thai Nam Plastic 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
=424.6595/289.76*365 / 4
=133.73

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.

Thai Nam Plastic 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 )
=424.6595 / 348.147
=1.22

* 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.


Thai Nam Plastic PCL Inventory Turnover Related Terms


Thai Nam Plastic PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thai Nam Plastic 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.

Thai Nam Plastic PCL Inventory Turnover Chart

Thai Nam Plastic 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 2.45 2.65 2.35 2.27 2.54

Thai Nam Plastic 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 0.60 0.67 0.66 0.66 0.68
BKK:TNPC
47GF Score
Thai Nam Plastic PCL BKK:TNPC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Nam Plastic PCL Inventory Turnover Calculation

Thai Nam Plastic 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 )
=1173.853 / ((495.951 + 426.73) / 2 )
=1173.853 / 461.3405
=2.54

Thai Nam Plastic 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 )
=289.76 / ((426.73 + 422.589) / 2 )
=289.76 / 424.6595
=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?
Thai Nam Plastic PCL (BKK:TNPC) 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 Thai Nam Plastic PCL and its competitors.
Is Thai Nam Plastic PCL's Inventory Turnover too high?
Thai Nam Plastic PCL's current Inventory Turnover is 0.68. Overall, Thai Nam Plastic PCL has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nam Plastic PCL's Inventory Turnover compare to ORLY and AZO?
Thai Nam Plastic PCL's Inventory Turnover of 0.68 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Thai Nam Plastic PCL and its competitors. Thai Nam Plastic 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 Thai Nam Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nam Plastic PCL (BKK:TNPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.92 — trading 1.1% above its estimated fair value. The current Inventory Turnover is 0.68. Thai Nam Plastic PCL's overall GF Score™ is 47/100 with 7 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 Thai Nam Plastic PCL (BKK:TNPC), 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.

Is Thai Nam Plastic PCL (BKK:TNPC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nam Plastic PCL stock appears to be overvalued. The current stock price of ฿0.92 is trading 1.1% above its estimated GF Value™ of ฿0.91. GuruFocus considers Thai Nam Plastic PCL to be Fairly Valued.

Key valuation signals for BKK:TNPC:

  • Inventory Turnover: 0.68
  • GF Value™: ฿0.91 vs. price of ฿0.92 (1.1% above fair value)
  • GF Score™: 47/100 with 7 warning signs

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


Thai Nam Plastic PCL Business Description

Address Petchakasem Road, KM.23, 40 Moo 7, Omnoi, Amphur Kratumban, Samutsakorn, THA, 74130
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The Group's main business operations are the manufacture and distribution of semi-finished plastic products, synthetic leather, and film/sheet for the industries of Automotive, sports shoes, furniture, and fashionable leather, and flexible film/sheet for applications in household, civil engineering, and agricultural functions. The company has domestic and international areas, with the majority of revenue from Domestic.
47GF Score

Get the complete analysis for BKK:TNPC

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

฿0.92
Price
฿0.91
GF Value