The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Boss Packaging Solutions's Revenue for the
six
months ended in Mar. 2024 was ₹121.7 Mil. Boss Packaging Solutions's average Accounts Receivable for the
six
months ended in Mar. 2024 was ₹27.9 Mil.
Hence, Boss Packaging Solutions's Receivables Turnover for the
six
months ended in Mar. 2024 was 4.37.
Boss Packaging Solutions (NSE:BOSS) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Boss Packaging Solutions Receivables Turnover Related Terms
Boss Packaging Solutions Receivables Turnover Historical Data
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The historical data trend for Boss Packaging Solutions's Receivables 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 Receivables Turnover Chart
Boss Packaging Solutions Annual Data
Trend
Mar22
Mar23
Mar24
Receivables Turnover
10.14
5.91
4.37
Boss Packaging Solutions Semi-Annual Data
Mar22
Mar23
Mar24
Receivables Turnover
10.14
5.91
4.37
NSE:BOSS vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Boss Packaging Solutions's Receivables Turnover falls into.
* 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 Receivables Turnover of 4.37 as of Mar. 2024. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Receivables Turnover too high?
Boss Packaging Solutions' current Receivables Turnover is 4.37. The Industrial Products industry median Receivables Turnover is 4.45. Boss Packaging Solutions' value of 4.37 is 1.8% 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' Receivables Turnover compare to GEV and ETN?
Boss Packaging Solutions' Receivables Turnover of 4.37 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Boss Packaging Solutions' value of 4.37 is 1.8% 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 Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,029 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boss Packaging Solutions's current Receivables Turnover of 4.37 is 1.8% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Boss Packaging Solutions and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boss Packaging Solutions's current Receivables Turnover is 4.37. 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 Receivables Turnover of 4.37. The current Receivables Turnover is 4.37 and 1.8% below the Industrial Products industry median of 4.45. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Boss Packaging Solutions (NSE:BOSS), the current Receivables Turnover is 4.37 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.
22GF Score
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