Millennium Bankshares (Millennium Bankshares) Change In Inventory : $0.00 Mil (TTM As of Sep. 2008)

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What is Millennium Bankshares Change In Inventory?

Millennium Bankshares's change in inventory for the quarter that ended in Sep. 2008 was $0.00 Mil. It means Millennium Bankshares's inventory stayed the same from Jun. 2008 to Sep. 2008 .

Millennium Bankshares's change in inventory for the fiscal year that ended in Dec. 2007 was $0.00 Mil. It means Millennium Bankshares's inventory stayed the same from Dec. 2006 to Dec. 2007 .

Millennium Bankshares's Total Inventories for the quarter that ended in Sep. 2008 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Millennium Bankshares's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 0.00.

Millennium Bankshares Change In Inventory Historical Data

The historical data trend for Millennium Bankshares's Change In Inventory 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.

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Millennium Bankshares Change In Inventory Chart

Millennium Bankshares Annual Data

Trend

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Dec07

Change In Inventory

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Millennium Bankshares Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Millennium Bankshares Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Millennium Bankshares (OTCPK:MBVA) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Millennium Bankshares's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Millennium Bankshares's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Millennium Bankshares's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.522
	=	0.00

Millennium Bankshares Change In Inventory Related Terms

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Millennium Bankshares (Millennium Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Millennium Bankshares Corp (OTCPK:MBVA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Washington Plaza, Reston, VA, USA, 20190

Website

https://www.millenniumbank.com

Millennium Bankshares Corp is a bank holding company. The Company through its bank holding provides commercial, retail and consumer banking services to meet the needs of businesses and consumers in the communities it serves.

Executives

Williams Frank E Jr

other: 9% Ownership

2789-B HARTLAND ROAD, FALLS CHURCH VA 22043

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