Millennium Global HoldingsPHS:MG +1.64% Receivables Turnover is 0.15 as of Mar. 2026. The stock has 9 warning signs investors should review. Among 1,937 Consumer Packaged Goods companies, Millennium Global Holdings ranks worse than 98.04% on this metric.
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 Global Holdings's Revenue for the
three
months ended in Mar. 2026 was ₱136 Mil. Millennium Global Holdings's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₱897 Mil.
Hence, Millennium Global Holdings's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.15.
Millennium Global Holdings (PHS:MG) 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 Global Holdings Receivables Turnover Related Terms
Millennium Global Holdings Receivables Turnover Historical Data
* 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 Receivables Turnover Chart
PHS:MG vs KHC, GIS, HRL: Receivables Turnover Comparison
For the Packaged Foods subindustry, Millennium Global Holdings'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 Global Holdings Receivables Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Millennium Global Holdings'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 Global Holdings (PHS:MG) has a Receivables Turnover of 0.15 as of Mar. 2026. 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 Global Holdings and its competitors. According to the industry distribution chart, Millennium Global Holdings ranks #1899 out of 1937 companies in the Consumer Packaged Goods industry, placing it in the top 98%.
Is Millennium Global Holdings' Receivables Turnover too high?
Millennium Global Holdings' current Receivables Turnover is 0.15. The Consumer Packaged Goods industry median Receivables Turnover is 9.37. Millennium Global Holdings' value of 0.15 is 98.4% below this industry median. Based on the distribution chart, Millennium Global Holdings ranks #1899 out of 1937 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Millennium Global Holdings' Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Millennium Global Holdings ranks #1899 out of 1937 companies for Receivables Turnover. This places Millennium Global Holdings in the lower half of its industry. The industry median Receivables Turnover is 9.37. Millennium Global Holdings' value of 0.15 is 98.4% below this benchmark. 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.37, based on 1,937 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. Millennium Global Holdings's current Receivables Turnover of 0.15 is 98.4% below 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 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 Global Holdings and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Global Holdings's current Receivables Turnover is 0.15. 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 31.1% below its estimated fair value. The current Receivables Turnover is 0.15 and 98.4% below the Consumer Packaged Goods industry median of 9.37. 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 Global Holdings (PHS:MG), the current Receivables Turnover is 0.15 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:MG has been successfully added to your 