The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Millennium Prime's Revenue for the
three
months ended in Jun. 2010 was $0.00 Mil. Millennium Prime's average Accounts Receivable for the
three
months ended in Jun. 2010 was $0.00 Mil.
Millennium Prime (OTCPK:MLMN) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Millennium Prime Receivables Turnover Related Terms
Millennium Prime Receivables Turnover Historical Data
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The historical data trend for Millennium Prime's Receivables 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.
MLMN vs MLFB, BTDG, GBBT: Receivables Turnover Comparison
For the Beverages - Wineries & Distilleries subindustry, Millennium Prime's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Millennium Prime's Receivables Turnover falls into.
* 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 Prime (MLMN) has a Receivables Turnover of 0.00 as of Jun. 2010. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Receivables Turnover too high?
Millennium Prime's current Receivables Turnover is 0.00.
How does Millennium Prime's Receivables Turnover compare to MLFB and BTDG?
Millennium Prime's Receivables Turnover of 0.00 can be compared against companies in the Beverages - Alcoholic industry. The industry median Receivables Turnover is 7.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.80, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Millennium Prime and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current Receivables Turnover 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 Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Receivables Turnover 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 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.
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