TOIPF (Thai Oil PCL) Inventory Turnover: 2.57 (As of Mar. 2026)


TOIPF Thai Oil PCL TOIPF
76 GF Score
Price $1.25
GF Value $1.85
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Thai Oil PCL Inventory Turnover?

Thai Oil PCL TOIPF 76 Inventory Turnover is 2.57 as of Mar. 2026. GuruFocus rates TOIPF with a GF Score™ of 76/100 and a GF Value™ of $1.85 (Significantly Undervalued). 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. Thai Oil PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,861 Mil. Thai Oil PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was $1,113 Mil. Thai Oil PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thai Oil PCL's Days Inventory for the three months ended in Mar. 2026 was 35.50.

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. Thai Oil PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

Thai Oil PCL  (OTCPK:TOIPF) 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 Oil 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
=1113.3035/2861.28*365 / 4
=35.50

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.

Thai Oil 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 )
=1113.3035 / 3558.572
=0.31

* 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 Oil PCL Inventory Turnover Related Terms

Thai Oil PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thai Oil 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 Oil PCL Inventory Turnover Chart

Thai Oil 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 9.89 9.99 8.05 9.79 10.97

Thai Oil 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 2.43 2.56 2.14 2.98 2.57
TOIPF
76GF Score
Thai Oil PCL TOIPF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Oil PCL Inventory Turnover Calculation

Thai Oil 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 )
=12098.335 / ((1188.434 + 1016.749) / 2 )
=12098.335 / 1102.5915
=10.97

Thai Oil 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 )
=2861.28 / ((1016.749 + 1209.858) / 2 )
=2861.28 / 1113.3035
=2.57

* 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 2.57 mean?
Thai Oil PCL (TOIPF) has a Inventory Turnover of 2.57 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 Oil PCL and its competitors.
Is Thai Oil PCL's Inventory Turnover too high?
Thai Oil PCL's current Inventory Turnover is 2.57. Overall, Thai Oil PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's Inventory Turnover compare to VLO and MPC?
Thai Oil PCL's Inventory Turnover of 2.57 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 Thai Oil PCL and its competitors. Thai Oil PCL's current Inventory Turnover is 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Oil PCL (TOIPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.85, compared to a current price of $1.25 — trading 32.4% below its estimated fair value. The current Inventory Turnover is 2.57. Thai Oil PCL's overall GF Score™ is 76/100 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 Thai Oil PCL (TOIPF), the current Inventory Turnover is 2.57 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 Oil PCL (TOIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Oil PCL stock appears to be undervalued. The current stock price of $1.25 is trading 32.4% below its estimated GF Value™ of $1.85. GuruFocus considers Thai Oil PCL to be Significantly Undervalued.

Key valuation signals for TOIPF:

  • Inventory Turnover: 2.57
  • GF Value™: $1.85 vs. price of $1.25 (32.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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

Thai Oil PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.
76GF Score

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

$1.25
Price
$1.85
GF Value