Millennium Global HoldingsPHS:MG +1.67% Days Payable is 44.73 as of Mar. 2026, which is 15% above its 10-year median of 38.91. The stock has 9 warning signs investors should review. Among 1,884 Consumer Packaged Goods companies, Millennium Global Holdings ranks worse than 83.01% 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.
For the Packaged Foods subindustry, Millennium Global 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 Global Holdings Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Millennium Global Holdings's Days Payable falls into.
Millennium Global 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 Global Holdings (PHS:MG) has a Days Payable of 44.73 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Millennium Global Holdings and its competitors. This is 15% above median its historical median of 38.91. Over the past decade, Millennium Global Holdings' Days Payable has ranged from 21.22 to 93.00. According to the industry distribution chart, Millennium Global Holdings ranks #1564 out of 1884 companies in the Consumer Packaged Goods industry, placing it in the top 83%.
Is Millennium Global Holdings' Days Payable too high?
Millennium Global Holdings' current Days Payable of 44.73 is 15% above median its 10-year median of 38.91. Over the past 10 years, this metric has ranged from a low of 21.22 to a high of 93.00. The Consumer Packaged Goods industry median Days Payable is 43.89. Millennium Global Holdings' value of 44.73 is 1.9% above this industry median. Based on the distribution chart, Millennium Global Holdings ranks #1564 out of 1884 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Millennium Global Holdings' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Millennium Global Holdings ranks #1564 out of 1884 companies for Days Payable. This places Millennium Global Holdings in the lower half of its industry. The industry median Days Payable is 43.89. Millennium Global Holdings' value of 44.73 is 1.9% above this benchmark. Historically, Millennium Global Holdings' own Days Payable has ranged from 21.22 to 93.00 over the past decade. While the company's 10-year median is 38.91 vs. the industry median of 43.89, Millennium Global 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.89, based on 1,884 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 Global Holdings's current Days Payable of 44.73 is 1.9% 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 Global Holdings and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Global Holdings's current Days Payable is 44.73, which is 15% above median its own 10-year median of 38.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.09, compared to a current price of ₱0.06 — trading 32.2% below its estimated fair value. The current Days Payable is 44.73, which is 15% above median its 10-year median of 38.91 and 1.9% above the Consumer Packaged Goods industry median of 43.89. 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 Global Holdings (PHS:MG), the current Days Payable is 44.73 as of Mar. 2026. 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 Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.
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