Boss Packaging Solutions (NSE:BOSS) Inventory Turnover: 3.18 (As of Mar. 2024)


NSE:BOSS Boss Packaging Solutions Ltd NSE:BOSS
22 GF Score
Price ₹35.10
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What is Boss Packaging Solutions Inventory Turnover?

Boss Packaging Solutions NSE:BOSS 22 Inventory Turnover is 3.18 as of Mar. 2024. GuruFocus rates NSE:BOSS with a GF Score™ of 22/100.

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. Boss Packaging Solutions's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹98.3 Mil. Boss Packaging Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹30.9 Mil. Boss Packaging Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Boss Packaging Solutions's Days Inventory for the six months ended in Mar. 2024 was 57.40.

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. Boss Packaging Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Boss Packaging Solutions  (NSE:BOSS) 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.

Boss Packaging Solutions's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=30.9305/98.341*365 / 2
=57.40

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.

Boss Packaging Solutions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=30.9305 / 121.744
=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.

Boss Packaging Solutions Inventory Turnover Related Terms

Boss Packaging Solutions Inventory Turnover Historical Data

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The historical data trend for Boss Packaging Solutions'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.

Boss Packaging Solutions Inventory Turnover Chart

Boss Packaging Solutions Annual Data
Trend Mar22 Mar23 Mar24
Inventory Turnover
2.49 4.65 3.18

Boss Packaging Solutions Semi-Annual Data
Mar22 Mar23 Mar24
Inventory Turnover 2.49 4.65 3.18
NSE:BOSS
22GF Score
Boss Packaging Solutions Ltd NSE:BOSS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Boss Packaging Solutions Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=98.341 / ((17.305 + 44.556) / 2 )
=98.341 / 30.9305
=3.18

Boss Packaging Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=98.341 / ((17.305 + 44.556) / 2 )
=98.341 / 30.9305
=3.18

* 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 3.18 mean?
Boss Packaging Solutions (NSE:BOSS) has a Inventory Turnover of 3.18 as of Mar. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Inventory Turnover too high?
Boss Packaging Solutions' current Inventory Turnover is 3.18. 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' Inventory Turnover compare to GEV and ETN?
Boss Packaging Solutions' Inventory Turnover of 3.18 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Boss Packaging Solutions and its competitors. Boss Packaging Solutions's current Inventory Turnover is 3.18. 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 Inventory Turnover of 3.18. The current Inventory Turnover is 3.18. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Boss Packaging Solutions (NSE:BOSS), the current Inventory Turnover is 3.18 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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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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