MILC (Millennium Sustainable Ventures) Days Inventory: 0.00 (As of Sep. 2022)


MILC Millennium Sustainable Ventures Corp MILC
12 GF Score
Price $0.00
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What is Millennium Sustainable Ventures Days Inventory?

Millennium Sustainable Ventures MILC 12 Days Inventory is 0.00 as of Sep. 2022. GuruFocus rates MILC with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Millennium Sustainable Ventures's Average Total Inventories for the three months ended in Sep. 2022 was $1.32 Mil. Millennium Sustainable Ventures's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil.

The historical rank and industry rank for Millennium Sustainable Ventures's Days Inventory or its related term are showing as below:

MILC's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 162.83
* Ranked among companies with meaningful Days Inventory only.

Millennium Sustainable Ventures's Days Inventory stayed the same from Sep. 2021 (0.00) to Sep. 2022 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Millennium Sustainable Ventures's Inventory Turnover for the three months ended in Sep. 2022 was 0.00.

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 Sustainable Ventures  (OTCPK:MILC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Millennium Sustainable Ventures's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 1.316
=0.00

2. 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 Sustainable Ventures's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.316 / 0
=

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Millennium Sustainable Ventures Days Inventory Related Terms

Millennium Sustainable Ventures Days Inventory Historical Data

* Premium members only.

The historical data trend for Millennium Sustainable Ventures's Days 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.

Millennium Sustainable Ventures Days Inventory Chart

Millennium Sustainable Ventures Annual Data
Trend Mar12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 325.20

Millennium Sustainable Ventures Quarterly Data
Dec15 Jun16 Dec16 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory 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 56.12 143.11 206.02 0.00

MILC vs PLXPQ, GNRS, ZTS: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Millennium Sustainable Ventures's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Millennium Sustainable Ventures Days Inventory vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Millennium Sustainable Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Millennium Sustainable Ventures's Days Inventory falls into.


MILC
12GF Score
Millennium Sustainable Ventures Corp MILC
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Sustainable Ventures Days Inventory Calculation

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

Millennium Sustainable Ventures's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 2.108) / 1 ) / 2.366*365
=2.108 / 2.366*365
=325.20

Millennium Sustainable Ventures's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (2.517 + 0.115) / 2 ) / 0*365 / 4
=1.316 / 0*365 / 4
=N/A

* 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 Days Inventory →
What does a Days Inventory of 0.00 mean?
Millennium Sustainable Ventures (MILC) has a Days Inventory of 0.00 as of Sep. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Millennium Sustainable Ventures and its competitors.
Is Millennium Sustainable Ventures' Days Inventory too high?
Millennium Sustainable Ventures' current Days Inventory is 0.00. Overall, Millennium Sustainable Ventures has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Millennium Sustainable Ventures' Days Inventory compare to PLXPQ and GNRS?
Millennium Sustainable Ventures' Days Inventory of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 162.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 162.83, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Millennium Sustainable Ventures and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 162.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Sustainable Ventures's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Sustainable Ventures stock overvalued right now?
Millennium Sustainable Ventures (MILC) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Millennium Sustainable Ventures' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Millennium Sustainable Ventures (MILC), the current Days Inventory is 0.00 as of Sep. 2022. 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 Sustainable Ventures Business Description

Address 301 Winding Road, Old Bethpage, NY, USA, 11804
Millennium Sustainable Ventures Corp is engaged in the sustainable cultivation of cannabis in greenhouses, and sustainable production of activated carbon.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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