MGIH (Millennium Group International Holdings) Inventory Turnover: 5.88 (As of Dec. 2025)

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MGIH Millennium Group International Holdings Ltd MGIH
35 GF Score
Price $1.66
GF Value $0.81
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Millennium Group International Holdings Inventory Turnover?

Millennium Group International Holdings MGIH +10.67% 35 Inventory Turnover is 5.88 as of Dec. 2025. 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Millennium Group International Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was $9.70 Mil. Millennium Group International Holdings's Average Total Inventories for the quarter that ended in Dec. 2025 was $1.65 Mil. Millennium Group International Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 5.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Millennium Group International Holdings's Days Inventory for the six months ended in Dec. 2025 was 31.05.

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 Group International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.15.


Millennium Group International Holdings  (NAS:MGIH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Millennium Group International Holdings's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=1.65/9.699*365 / 2
=31.05

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 Group International Holdings's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1.65 / 10.857
=0.15

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Millennium Group International Holdings Inventory Turnover Related Terms


Millennium Group International Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Millennium Group International Holdings's Inventory Turnover 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 Group International Holdings Inventory Turnover Chart

Millennium Group International Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
4.87 5.12 4.75 6.52 7.86

Millennium Group International Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 2.84 3.96 5.31 5.88
MGIH
35GF Score
Millennium Group International Holdings Ltd MGIH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Group International Holdings Inventory Turnover Calculation

Millennium Group International Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=20.649 / ((3.715 + 1.539) / 2 )
=20.649 / 2.627
=7.86

Millennium Group International Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=9.699 / ((1.539 + 1.761) / 2 )
=9.699 / 1.65
=5.88

* 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 Inventory Turnover →
What does a Inventory Turnover of 5.88 mean?
Millennium Group International Holdings (MGIH) has a Inventory Turnover of 5.88 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Millennium Group International Holdings and its competitors.
Is Millennium Group International Holdings' Inventory Turnover too high?
Millennium Group International Holdings' current Inventory Turnover is 5.88. 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' Inventory Turnover compare to YHGJ and DSS?
Millennium Group International Holdings' Inventory Turnover of 5.88 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Packaging & Containers company?
A good Inventory Turnover depends on the Packaging & Containers industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Millennium Group International Holdings and its competitors. Millennium Group International Holdings's current Inventory Turnover is 5.88. 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 $1.66 — trading 104.9% above its estimated fair value. The current Inventory Turnover is 5.88. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Millennium Group International Holdings (MGIH), the current Inventory Turnover is 5.88 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 $1.66 is trading 104.9% above its estimated GF Value™ of $0.81. GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.

Key valuation signals for MGIH:

  • Inventory Turnover: 5.88
  • GF Value™: $0.81 vs. price of $1.66 (104.9% above fair value)
  • GF Score™: 35/100 with 2 warning signs

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

Address Flat B-C, 1st Floor, Wang Kwong Industrial Buiding, 45 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG, 999077
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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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.66
Price
$0.81
GF Value