Meridian Energy (NZSE:MEL) Days Inventory : 0.00 (As of Dec. 2023)

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What is Meridian Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meridian Energy's Average Total Inventories for the six months ended in Dec. 2023 was NZ$0 Mil. Meridian Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$0 Mil.

The historical rank and industry rank for Meridian Energy's Days Inventory or its related term are showing as below:

During the past 13 years, Meridian Energy's highest Days Inventory was 1.18. The lowest was 1.18. And the median was 1.18.

NZSE:MEL's Days Inventory is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 30.41
* Ranked among companies with meaningful Days Inventory only.

Meridian Energy's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Meridian Energy's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Meridian Energy Days Inventory Historical Data

The historical data trend for Meridian Energy's Days Inventory 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.

* Premium members only.

Meridian Energy Days Inventory Chart

Meridian Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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Meridian Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Meridian Energy's Days Inventory

For the Utilities - Renewable subindustry, Meridian Energy's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Meridian Energy's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Meridian Energy's Days Inventory falls into.

Meridian Energy Days Inventory Calculation

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

Meridian Energy's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Meridian Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Meridian Energy (NZSE:MEL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Meridian Energy's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Meridian Energy's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2100
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Meridian Energy Days Inventory Related Terms

Thank you for viewing the detailed overview of Meridian Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Meridian Energy (NZSE:MEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (NZSE:MEL) » Definitions » Days Inventory

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Traded in Other Exchanges

MDDNF:USA 15M1:Germany MEZ:Australia

Address

287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013

Website

https://www.meridianenergy.co.nz

Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.

Meridian Energy (NZSE:MEL) Headlines

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