Asset Turnover is linked to ROE % through Du Pont Formula. Boss Packaging Solutions's annualizedROE % for the quarter that ended in Mar. 2024 was 61.71%. It is also linked to ROA % through Du Pont Formula. Boss Packaging Solutions's annualizedROA % for the quarter that ended in Mar. 2024 was 31.04%.
Boss Packaging Solutions (NSE:BOSS) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Boss Packaging Solutions's annulizedROE % for the quarter that ended in Mar. 2024 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 2024) revenue data.
* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Boss Packaging Solutions's annulizedROA % for the quarter that ended in Mar. 2024 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 2024) revenue data.
* 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
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Boss Packaging Solutions Asset Turnover Related Terms
Boss Packaging Solutions Asset Turnover Historical Data
* 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 Asset Turnover Chart
Boss Packaging Solutions Annual Data
Trend
Mar22
Mar23
Mar24
Asset Turnover
1.96
2.54
1.87
Boss Packaging Solutions Semi-Annual Data
Mar22
Mar23
Mar24
Asset Turnover
1.96
2.54
1.87
NSE:BOSS vs GEV, ETN, PH: Asset Turnover Comparison
For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions's Asset Turnover, along with its competitors' market caps and Asset 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 Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Boss Packaging Solutions's Asset 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Boss Packaging Solutions (NSE:BOSS) has a Asset Turnover of 1.87 as of Mar. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Asset Turnover too high?
Boss Packaging Solutions' current Asset Turnover is 1.87. 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' Asset Turnover compare to GEV and ETN?
Boss Packaging Solutions' Asset Turnover of 1.87 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 Asset Turnover for an Industrial Products company?
A good Asset Turnover depends on the Industrial Products industry context. However, Asset 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Boss Packaging Solutions and its competitors. Boss Packaging Solutions's current Asset Turnover is 1.87. 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 Asset Turnover of 1.87. The current Asset Turnover is 1.87. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Boss Packaging Solutions (NSE:BOSS), the current Asset Turnover is 1.87 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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