Meridian Energy (Meridian Energy) Days Sales Outstanding : 32.88 (As of Dec. 2023)

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What is Meridian Energy Days Sales Outstanding?

Meridian Energy's average Accounts Receivable for the six months ended in Dec. 2023 was $235 Mil. Meridian Energy's Revenue for the six months ended in Dec. 2023 was $1,307 Mil. Hence, Meridian Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.88.

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

MDDNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.09 Med: 34.8 Max: 45.75
Current: 33.19

During the past 13 years, Meridian Energy's highest Days Sales Outstanding was 45.75. The lowest was 24.09. And the median was 34.80.

MDDNF's Days Sales Outstanding is ranked better than
81.08% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.74 vs MDDNF: 33.19

Meridian Energy's Days Sales Outstanding declined from Dec. 2022 (41.72) to Dec. 2023 (32.88).

Meridian Energy Days Sales Outstanding Historical Data

The historical data trend for Meridian Energy's Days Sales Outstanding 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 Sales Outstanding Chart

Meridian Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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30.29

34.64

34.46

48.69

42.28

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 Sales Outstanding	Get a 7-Day Free Trial															45.37	33.72	41.72	31.64	32.88

Competitive Comparison of Meridian Energy's Days Sales Outstanding

For the Utilities - Renewable subindustry, Meridian Energy's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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

Meridian Energy Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

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

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (269.377	+	185.89)	/	2 )	/	1965.031	*	365
=	227.6335					/	1965.031	*	365
=	42.28

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (185.89	+	285.003)	/	2 )	/	1306.783	*	365 / 2
=	235.4465					/	1306.783	*	365 / 2
=	32.88

Meridian Energy (OTCPK:MDDNF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Meridian Energy Days Sales Outstanding Related Terms

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Meridian Energy (Meridian Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MEL:New Zealand 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.