Millennium Operating Cycle from 2010 to 2026

MGIH Stock   1.54  0.01  0.65%   
Millennium Group's Operating Cycle is decreasing with slightly volatile movements from year to year. Operating Cycle is estimated to finish at 177.08 this year. For the period between 2010 and 2026, Millennium Group, Operating Cycle quarterly trend regression had mean deviation of  14.30 and range of 52.9273. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
162.11
Current Value
177.08
Quarterly Volatility
18.0704731
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Millennium Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millennium Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 625.7 K or Total Revenue of 40.1 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.2 or PTB Ratio of 1.31. Millennium financial statements analysis is a perfect complement when working with Millennium Group Valuation or Volatility modules.
  
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Check out the analysis of Millennium Group Correlation against competitors.
The Operating Cycle trend for Millennium Group International offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Millennium Group is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Millennium Group's Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Millennium Group International over the last few years. It is Millennium Group's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Millennium Group's overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Slightly volatile
   Operating Cycle   
       Timeline  

Millennium Operating Cycle Regression Statistics

Arithmetic Mean174.75
Geometric Mean173.78
Coefficient Of Variation10.34
Mean Deviation14.30
Median185.07
Standard Deviation18.07
Sample Variance326.54
Range52.9273
R-Value(0.64)
Mean Square Error205.16
R-Squared0.41
Significance0.01
Slope(2.29)
Total Sum of Squares5,225

Millennium Operating Cycle History

2026 177.08
2025 162.11
2024 140.97
2023 137.81
2022 139.78
2021 171.52
2020 190.73

About Millennium Group Financial Statements

Investors use fundamental indicators, such as Millennium Group's Operating Cycle, to determine how well the company is positioned to perform in the future. Although Millennium Group's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Operating Cycle 162.11  177.08 

Currently Active Assets on Macroaxis

When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:
Check out the analysis of Millennium Group Correlation against competitors.
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Is there potential for Diversified Metals & Mining market expansion? Will Millennium introduce new products? Factors like these will boost the valuation of Millennium Group. Expected growth trajectory for Millennium significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Millennium Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.56)
Revenue Per Share
2.252
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.09)
Millennium Group Int's market price often diverges from its book value, the accounting figure shown on Millennium's balance sheet. Smart investors calculate Millennium Group's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Millennium Group's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Millennium Group's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Millennium Group represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Millennium Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.