MLMN (Millennium Prime) Days Inventory: 0.00 (As of Jun. 2010)

What is Millennium Prime Days Inventory?

Millennium Prime MLMN Days Inventory is 0.00 as of Jun. 2010.

Days Inventory is also known as Days Sales of Inventory (DSI). Millennium Prime's Average Total Inventories for the three months ended in Jun. 2010 was $0.00 Mil. Millennium Prime's Cost of Goods Sold for the three months ended in Jun. 2010 was $0.00 Mil.

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

MLMN's Days Inventory is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 169.51
* Ranked among companies with meaningful Days Inventory only.

Millennium Prime's Days Inventory stayed the same from Jun. 2009 (0.00) to Jun. 2010 (0.00).

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 Prime (OTCPK:MLMN) 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 Prime's Inventory Turnover for the three months ended in Jun. 2010 is calculated as

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

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 Prime's Inventory to Revenue for the three months ended in Jun. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	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 Prime Days Inventory Related Terms

Millennium Prime Days Inventory Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Days Inventory can be seen below:

Millennium Prime Days Inventory Chart

Millennium Prime Annual Data

Trend

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Sep08

Sep09

Days Inventory

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328.11

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
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

MLMN vs MLFB, BTDG, GBBT: Days Inventory Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime'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 Prime Days Inventory vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's Days Inventory distribution charts can be found below:

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

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Millennium Prime Days Inventory Calculation

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

Millennium Prime's Days Inventory for the fiscal year that ended in Sep. 2009 is calculated as

	Days Inventory (A: Sep. 2009 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2008 )	+	Total Inventories (A: Sep. 2009 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

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

	Days Inventory (Q: Jun. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2010 )	+	Total Inventories (Q: Jun. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2010 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Millennium Prime (MLMN) has a Days Inventory of 0.00 as of Jun. 2010. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Millennium Prime and its competitors.

Is Millennium Prime's Days Inventory too high?

Millennium Prime's current Days Inventory is 0.00.

How does Millennium Prime's Days Inventory compare to MLFB and BTDG?

Millennium Prime's Days Inventory of 0.00 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Inventory is 169.51. 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 Beverages - Alcoholic company?

The median Days Inventory among Beverages - Alcoholic companies is 169.51, based on 203 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 Prime and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 169.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime'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 Prime stock overvalued right now?

Millennium Prime (MLMN) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Prime (MLMN), the current Days Inventory is 0.00 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

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies NSE:TALWALKARS WAR:RCW WAR:GKS ASX:IDZ BOM:541545 TSXV:HIT LSE:HNG MLFB TSXV:POOL XSAT:BODY BTDG BOM:526588 WAR:MOE BOM:540703 TSXV:AAP.H XPAR:ALCYB GBBT TSXV:IPC NGM:SPIN XSAT:WTG

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141

Website http://www.millenniumprime.com

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.