Boss Packaging Solutions (NSE:BOSS) Days Payable: 65.98 (As of Mar. 2024)


NSE:BOSS Boss Packaging Solutions Ltd NSE:BOSS
22 GF Score
Price ₹35.30
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What is Boss Packaging Solutions Days Payable?

Boss Packaging Solutions NSE:BOSS 22 Days Payable is 65.98 as of Mar. 2024. GuruFocus rates NSE:BOSS with a GF Score™ of 22/100.

Boss Packaging Solutions's average Accounts Payable for the six months ended in Mar. 2024 was ₹17.8 Mil. Boss Packaging Solutions's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹98.3 Mil. Hence, Boss Packaging Solutions's Days Payable for the six months ended in Mar. 2024 was 32.99.

The historical rank and industry rank for Boss Packaging Solutions's Days Payable or its related term are showing as below:

NSE:BOSS's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Boss Packaging Solutions's Days Payable declined from Mar. 2022 (80.03) to Mar. 2024 (65.98). It may suggest that Boss Packaging Solutions accelerated paying its suppliers.

Boss Packaging Solutions Days Payable Historical Data

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The historical data trend for Boss Packaging Solutions's Days Payable 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 Days Payable Chart

Boss Packaging Solutions Annual Data
Trend Mar22 Mar23 Mar24
Days Payable
80.03 74.67 65.98

Boss Packaging Solutions Semi-Annual Data
Mar22 Mar23 Mar24
Days Payable 80.03 74.67 65.98

NSE:BOSS vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Boss Packaging Solutions's Days Payable falls into.


NSE:BOSS
22GF Score
Boss Packaging Solutions Ltd NSE:BOSS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Boss Packaging Solutions Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Boss Packaging Solutions's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (23.312 + 12.243) / 2 ) / 98.341*365
=17.7775 / 98.341*365
=65.98

Boss Packaging Solutions's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (23.312 + 12.243) / 2 ) / 98.341*365 / 2
=17.7775 / 98.341*365 / 2
=32.99

* 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 Days Payable →
What does a Days Payable of 65.98 mean?
Boss Packaging Solutions (NSE:BOSS) has a Days Payable of 65.98 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Days Payable too high?
Boss Packaging Solutions' current Days Payable is 65.98. The Industrial Products industry median Days Payable is 78.08. Boss Packaging Solutions' value of 65.98 is 15.5% below 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' Days Payable compare to GEV and ETN?
Boss Packaging Solutions' Days Payable of 65.98 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Boss Packaging Solutions' value of 65.98 is 15.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boss Packaging Solutions's current Days Payable of 65.98 is 15.5% below 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Boss Packaging Solutions and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boss Packaging Solutions's current Days Payable is 65.98. 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 Days Payable of 65.98. The current Days Payable is 65.98 and 15.5% below the Industrial Products industry median of 78.08. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Boss Packaging Solutions (NSE:BOSS), the current Days Payable is 65.98 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 Business Description

Address Vin Zol Road, Opposite Ramol Mehmdabad Highway, 11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Ahmedabad, GJ, IND, 382445
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.
22GF Score

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