Boss Packaging Solutions's Days Sales Outstanding for the
six
months ended in Mar. 2024 was 83.58.
Boss Packaging Solutions's Days Inventory for the
six
months ended in Mar. 2024 was 114.8.
Boss Packaging Solutions's Days Payable for the
six
months ended in Mar. 2024 was 65.98.
Therefore, Boss Packaging Solutions's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2024 was 132.40.
Boss Packaging Solutions (NSE:BOSS) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Boss Packaging Solutions Cash Conversion Cycle Related Terms
Boss Packaging Solutions Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Boss Packaging Solutions's Cash Conversion Cycle 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.
Boss Packaging Solutions Cash Conversion Cycle Chart
Boss Packaging Solutions Annual Data
Trend
Mar22
Mar23
Mar24
Cash Conversion Cycle
102.82
65.57
132.40
Boss Packaging Solutions Semi-Annual Data
Mar22
Mar23
Mar24
Cash Conversion Cycle
102.82
65.57
132.40
NSE:BOSS vs GEV, ETN, PH: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Boss Packaging Solutions Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Boss Packaging Solutions's Cash Conversion Cycle falls into.
Boss Packaging Solutions Cash Conversion Cycle Calculation
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Boss Packaging Solutions's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Boss Packaging Solutions (NSE:BOSS) has a Cash Conversion Cycle of 132.40 as of Mar. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Cash Conversion Cycle too high?
Boss Packaging Solutions' current Cash Conversion Cycle is 132.40. The Industrial Products industry median Cash Conversion Cycle is 122.29. Boss Packaging Solutions' value of 132.40 is 8.3% above this industry median. Overall, Boss Packaging Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Boss Packaging Solutions' Cash Conversion Cycle compare to GEV and ETN?
Boss Packaging Solutions' Cash Conversion Cycle of 132.40 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Boss Packaging Solutions' value of 132.40 is 8.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boss Packaging Solutions's current Cash Conversion Cycle of 132.40 is 8.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Boss Packaging Solutions and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boss Packaging Solutions's current Cash Conversion Cycle is 132.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boss Packaging Solutions stock overvalued right now?
Boss Packaging Solutions (NSE:BOSS) has a current Cash Conversion Cycle of 132.40. The current Cash Conversion Cycle is 132.40 and 8.3% above the Industrial Products industry median of 122.29. Boss Packaging Solutions' overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Boss Packaging Solutions (NSE:BOSS), the current Cash Conversion Cycle is 132.40 as of Mar. 2024. 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.
Boss Packaging Solutions Ltd is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machines, conveyors, turn tables, web sealers, electric tunnels, etc. its products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.
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