MGIH (Millennium Group International Holdings) Change In Receivables: $2.89 Mil (TTM As of Dec. 2025)

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MGIH Millennium Group International Holdings Ltd MGIH
32 GF Score
Price $1.52
GF Value $0.79
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Millennium Group International Holdings Change In Receivables?

Millennium Group International Holdings MGIH +0.66% 32 Change In Receivables is $2.89 Mil as of Dec. 2025. GuruFocus rates MGIH with a GF Score™ of 32/100 and a GF Value™ of $0.79 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Millennium Group International Holdings's change in receivables for the quarter that ended in Dec. 2025 was $1.23 Mil. It means Millennium Group International Holdings's Accounts Receivable declined by $1.23 Mil from Jun. 2025 to Dec. 2025 .

Millennium Group International Holdings's change in receivables for the fiscal year that ended in Jun. 2025 was $2.24 Mil. It means Millennium Group International Holdings's Accounts Receivable declined by $2.24 Mil from Jun. 2024 to Jun. 2025 .

Millennium Group International Holdings's Accounts Receivable for the quarter that ended in Dec. 2025 was $6.27 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Millennium Group International Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 105.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millennium Group International Holdings's liquidation value for the six months ended in Dec. 2025 was $1.60 Mil.


Millennium Group International Holdings  (NAS:MGIH) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Millennium Group International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.27/10.857*91
=105.40

2. In Ben Graham's calculation of liquidation value, Millennium Group International Holdings's accounts receivable are only considered to be worth 75% of book value:

Millennium Group International Holdings's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.865-10.851+0.75 * 6.27+0.5 * 1.761
=1.60

* 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.


Millennium Group International Holdings Change In Receivables Related Terms


Millennium Group International Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Millennium Group International Holdings's Change In Receivables 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.

Millennium Group International Holdings Change In Receivables Chart

Millennium Group International Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Change In Receivables
-1.38 -1.39 6.69 0.69 2.24

Millennium Group International Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.40 2.09 0.58 1.66 1.23
MGIH
32GF Score
Millennium Group International Holdings Ltd MGIH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Group International Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.89 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of $2.89 Mil mean?
Millennium Group International Holdings (MGIH) has a Change In Receivables of $2.89 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Millennium Group International Holdings and its competitors.
Is Millennium Group International Holdings' Change In Receivables too high?
Millennium Group International Holdings' current Change In Receivables is $2.89 Mil. Overall, Millennium Group International Holdings has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group International Holdings' Change In Receivables compare to YHGJ and DSS?
Millennium Group International Holdings' Change In Receivables of $2.89 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Packaging & Containers company?
A good Change In Receivables depends on the Packaging & Containers industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Millennium Group International Holdings and its competitors. Millennium Group International Holdings's current Change In Receivables is $2.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group International Holdings (MGIH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.79, compared to a current price of $1.52 — trading 92.4% above its estimated fair value. The current Change In Receivables is $2.89 Mil. Millennium Group International Holdings' overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Millennium Group International Holdings (MGIH), the current Change In Receivables is $2.89 Mil as of Dec. 2025. 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.

Is Millennium Group International Holdings (MGIH) Overvalued in 2026?

Based on GuruFocus' analysis, Millennium Group International Holdings stock appears to be overvalued. The current stock price of $1.52 is trading 92.4% above its estimated GF Value™ of $0.79. GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.

Key valuation signals for MGIH:

  • Change In Receivables: $2.89 Mil
  • GF Value™: $0.79 vs. price of $1.52 (92.4% above fair value)
  • GF Score™: 32/100 with 2 warning signs

No single metric tells the full story. See the MGIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Millennium Group International Holdings Business Description

Address Flat B-C, 1st Floor, Wang Kwong Industrial Buiding, 45 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG, 999077
Millennium Group International Holdings Ltd supplies paper-based packaging solutions, including inner packaging boxes produced with offset or flexo printing and outer corrugated boxes used for transportation, storage, pallets, and point-of-purchase displays. The company manufactures corrugated products of different sizes, shapes, thicknesses, and strengths according to customer specifications. It also operates a supply chain management business in Vietnam to service international clients who source their packaging needs from Vietnam and other ASEAN countries. The corrugated paper is durable, versatile, economical, and lightweight.
32GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.52
Price
$0.79
GF Value