MLMN (Millennium Prime) Change In Receivables: $0.00 Mil (TTM As of Jun. 2010)

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What is Millennium Prime Change In Receivables?

Millennium Prime MLMN Change In Receivables is $0.00 Mil as of Jun. 2010.

Millennium Prime's change in receivables for the quarter that ended in Jun. 2010 was $0.00 Mil. It means Millennium Prime's Accounts Receivable stayed the same from Mar. 2010 to Jun. 2010 .

Millennium Prime's change in receivables for the fiscal year that ended in Sep. 2009 was $0.00 Mil. It means Millennium Prime's Accounts Receivable stayed the same from Sep. 2008 to Sep. 2009 .

Millennium Prime's Accounts Receivable for the quarter that ended in Jun. 2010 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millennium Prime's liquidation value for the three months ended in Jun. 2010 was $-1.87 Mil.

Millennium Prime  (OTCPK:MLMN) 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 Prime's Days Sales Outstanding for the quarter that ended in Jun. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

Millennium Prime's liquidation value for the quarter that ended in Jun. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-1.865+0.75 * 0+0.5 * 0
=-1.87

* 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 Prime Change In Receivables Related Terms

Millennium Prime Change In Receivables Historical Data

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The historical data trend for Millennium Prime'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 Prime Change In Receivables Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.00 0.00 0.00 0.00

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Millennium Prime 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 Jun. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Millennium Prime (MLMN) has a Change In Receivables of $0.00 Mil as of Jun. 2010. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Millennium Prime and its competitors.
Is Millennium Prime's Change In Receivables too high?
Millennium Prime's current Change In Receivables is $0.00 Mil.
How does Millennium Prime's Change In Receivables compare to MLFB and BTDG?
Millennium Prime's Change In Receivables of $0.00 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Receivables depends on the Beverages - Alcoholic 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 Prime and its competitors. Millennium Prime's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Prime stock overvalued right now?
Millennium Prime (MLMN) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. 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 Prime (MLMN), the current Change In Receivables is $0.00 Mil as of Jun. 2010. 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.

Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.