THAFF (Thoresen Thai Agencies PCL) Inventory Turnover: 3.48 (As of Mar. 2026)


THAFF Thoresen Thai Agencies PCL THAFF
83 GF Score
Price $0.20
GF Value $0.23
! 5 Warning Signs
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What is Thoresen Thai Agencies PCL Inventory Turnover?

Thoresen Thai Agencies PCL THAFF 83 Inventory Turnover is 3.48 as of Mar. 2026. GuruFocus rates THAFF with a GF Score™ of 83/100 and a GF Value™ of $0.23. The stock has 5 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. Thoresen Thai Agencies PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was $164.5 Mil. Thoresen Thai Agencies PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was $47.2 Mil. Thoresen Thai Agencies PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thoresen Thai Agencies PCL's Days Inventory for the three months ended in Mar. 2026 was 26.20.

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. Thoresen Thai Agencies PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

Thoresen Thai Agencies PCL  (OTCPK:THAFF) 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.

Thoresen Thai Agencies 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
=47.2195/164.472*365 / 4
=26.20

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.

Thoresen Thai Agencies 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 )
=47.2195 / 188.682
=0.25

* 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.

Thoresen Thai Agencies PCL Inventory Turnover Related Terms

Thoresen Thai Agencies PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thoresen Thai Agencies 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.

Thoresen Thai Agencies PCL Inventory Turnover Chart

Thoresen Thai Agencies 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 12.89 13.32 12.51 20.18 18.50

Thoresen Thai Agencies 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 4.87 4.88 4.40 3.72 3.48
THAFF
83GF Score
Thoresen Thai Agencies PCL THAFF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thoresen Thai Agencies PCL Inventory Turnover Calculation

Thoresen Thai Agencies 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 )
=822.879 / ((41.311 + 47.634) / 2 )
=822.879 / 44.4725
=18.50

Thoresen Thai Agencies 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 )
=164.472 / ((47.634 + 46.805) / 2 )
=164.472 / 47.2195
=3.48

* 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 3.48 mean?
Thoresen Thai Agencies PCL (THAFF) has a Inventory Turnover of 3.48 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Thoresen Thai Agencies PCL and its competitors.
Is Thoresen Thai Agencies PCL's Inventory Turnover too high?
Thoresen Thai Agencies PCL's current Inventory Turnover is 3.48. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Inventory Turnover compare to HON and MMM?
Thoresen Thai Agencies PCL's Inventory Turnover of 3.48 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Inventory Turnover depends on the Conglomerates 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 Thoresen Thai Agencies PCL and its competitors. Thoresen Thai Agencies PCL's current Inventory Turnover is 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Inventory Turnover of 3.48. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current Inventory Turnover is 3.48. Thoresen Thai Agencies PCL's overall GF Score™ is 83/100 with 5 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 Thoresen Thai Agencies PCL (THAFF), the current Inventory Turnover is 3.48 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.

Is Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?

Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued. The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.

Key valuation signals for THAFF:

  • Inventory Turnover: 3.48
  • GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
  • GF Score™: 83/100 with 5 warning signs

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

Thoresen Thai Agencies PCL Business Description

Other Exchanges TTA:ThailandNYVU:Germany
Address Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
83GF 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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