What is Millennium Group International Holdings Days Payable?
Millennium Group International HoldingsMGIH 35 Days Payable is 70.19 as of Dec. 2025, which is 65% above its 10-year median of 42.63. GuruFocus rates MGIH with a GF Score™ of 35/100 and a GF Value™ of $0.81 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 378 Packaging & Containers companies, Millennium Group International Holdings ranks better than 62.96% on this metric.
* 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 Days Payable Chart
Millennium Group International Holdings Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Days Payable
37.97
38.64
45.35
42.63
63.89
Millennium Group International Holdings Semi-Annual Data
For the Packaging & Containers subindustry, Millennium Group International Holdings's Days Payable, along with its competitors' market caps and Days Payable 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 Group International Holdings Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Millennium Group International Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Millennium Group International Holdings's Days Payable falls into.
Millennium Group International Holdings Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
* 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 (MGIH) has a Days Payable of 70.19 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millennium Group International Holdings and its competitors. This is 65% above median its historical median of 42.63. Over the past decade, Millennium Group International Holdings' Days Payable has ranged from 37.97 to 74.21. According to the industry distribution chart, Millennium Group International Holdings ranks #140 out of 378 companies in the Packaging & Containers industry, placing it in the top 37%.
Is Millennium Group International Holdings' Days Payable too high?
Millennium Group International Holdings' current Days Payable of 70.19 is 65% above median its 10-year median of 42.63. Over the past 10 years, this metric has ranged from a low of 37.97 to a high of 74.21. The Packaging & Containers industry median Days Payable is 57.27. Millennium Group International Holdings' value of 70.19 is 22.6% above this industry median. Based on the distribution chart, Millennium Group International Holdings ranks #140 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Millennium Group International Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group International Holdings' Days Payable compare to YHGJ and DSS?
According to the Packaging & Containers industry distribution chart, Millennium Group International Holdings ranks #140 out of 378 companies for Days Payable. This puts Millennium Group International Holdings in the upper half of its industry. The industry median Days Payable is 57.27. Millennium Group International Holdings' value of 70.19 is 22.6% above this benchmark. Historically, Millennium Group International Holdings' own Days Payable has ranged from 37.97 to 74.21 over the past decade. While the company's 10-year median is 42.63 vs. the industry median of 57.27, Millennium Group International Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 378 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millennium Group International Holdings's current Days Payable of 70.19 is 22.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millennium Group International Holdings and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group International Holdings's current Days Payable is 70.19, which is 65% above median its own 10-year median of 42.63. 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 $0.81, compared to a current price of $1.46 — trading 80.2% above its estimated fair value. The current Days Payable is 70.19, which is 65% above median its 10-year median of 42.63 and 22.6% above the Packaging & Containers industry median of 57.27. Millennium Group International Holdings' overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Millennium Group International Holdings (MGIH), the current Days Payable is 70.19 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 $1.46 is trading 80.2% above its estimated GF Value™ of $0.81.
GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.
Key valuation signals for MGIH:
Days Payable: 70.19 (65% above median its 10-year median of 42.63)
GF Value™: $0.81 vs. price of $1.46 (80.2% above fair value)
Industry Position: 22.6% above the Packaging & Containers median (#140 of 378)
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
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.
35GF Score
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