The Steel PCL (BKK:THE-R) Total Inventories: ฿578 Mil (As of Mar. 2026)


BKK:THE-R The Steel PCL BKK:THE-R
28 GF Score
Price ฿0.83
GF Value ฿0.88
! 6 Warning Signs
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What is The Steel PCL Total Inventories?

The Steel PCL BKK:THE-R 28 Total Inventories is ฿578 Mil as of Mar. 2026. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 warning signs investors should review.

The Steel PCL's total inventories for the quarter that ended in Mar. 2026 was ฿578 Mil. The Steel PCL's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ฿659 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Steel PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ฿-0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Steel PCL's Days Inventory for the three months ended in Mar. 2026 was 35.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Steel PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.59.

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. The Steel PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.36.


The Steel PCL  (BKK:THE-R) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

The Steel PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(207.753+0.75 * 867.456+0.5 * 578.109-1563.991
-0--1.473)/1102.061
=-0.38

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The Steel 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
=658.618/1703.281*365 / 4
=35.28

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Steel PCL's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=1703.281 / 658.618
=2.59

4. 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.

The Steel 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 )
=658.618 / 1821.261
=0.36

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


The Steel PCL Total Inventories Related Terms


The Steel PCL Total Inventories Historical Data

* Premium members only.

The historical data trend for The Steel PCL's Total Inventories 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.

The Steel PCL Total Inventories Chart

The Steel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,798.17 1,613.31 1,212.96 1,089.89 739.13

The Steel PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 877.07 834.62 646.74 739.13 578.11
BKK:THE-R
28GF Score
The Steel PCL BKK:THE-R
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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The Steel PCL Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ฿578 Mil mean?
The Steel PCL (BKK:THE-R) has a Total Inventories of ฿578 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Steel PCL and its competitors.
Is The Steel PCL's Total Inventories too high?
The Steel PCL's current Total Inventories is ฿578 Mil. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Total Inventories compare to NUE and STLD?
The Steel PCL's Total Inventories of ฿578 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Steel company?
A good Total Inventories depends on the Steel industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Steel PCL and its competitors. The Steel PCL's current Total Inventories is ฿578 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Total Inventories of ฿578 Mil. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current Total Inventories is ฿578 Mil. The Steel PCL's overall GF Score™ is 28/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For The Steel PCL (BKK:THE-R), the current Total Inventories is ฿578 Mil 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.

Key valuation signals for BKK:THE-R:

  • Total Inventories: ฿578 Mil
  • GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
  • GF Score™: 28/100 with 6 warning signs

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


The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score

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

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Price
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