Meren Energy (TSX:MER) Accounts Receivable: C$114 Mil (As of Jun. 2026)

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TSX:MER Meren Energy Inc TSX:MER
35 GF Score
Price C$2.25
! 5 Warning Signs
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What is Meren Energy Accounts Receivable?

Meren Energy TSX:MER -0.44% 35 Accounts Receivable is C$114 Mil as of Jun. 2026. GuruFocus rates TSX:MER with a GF Score™ of 35/100. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meren Energy's accounts receivables for the quarter that ended in Jun. 2026 was C$114 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Meren Energy's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 38.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Meren Energy's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was C$-1.97.


Meren Energy Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Meren Energy's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=114.35125/272.30835068361*91
=38.32

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Meren Energy's accounts receivable are only considered to be worth 75% of book value:

Meren Energy's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(110.236875+0.75 * 114.35125+0.5 * 143.29375-1601.76875
-0-0)/676.115307
=-1.97

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Meren Energy Accounts Receivable Related Terms


Meren Energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Meren Energy's Accounts Receivable 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.

Meren Energy Accounts Receivable Chart

Meren Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.00 69.22

Meren Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 279.45 112.56 69.22 146.53 114.35
TSX:MER
35GF Score
Meren Energy Inc TSX:MER
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Meren Energy Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of C$114 Mil mean?
Meren Energy (TSX:MER) has a Accounts Receivable of C$114 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Meren Energy and its competitors.
Is Meren Energy's Accounts Receivable too high?
Meren Energy's current Accounts Receivable is C$114 Mil. Overall, Meren Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Accounts Receivable compare to COP and EOG?
Meren Energy's Accounts Receivable of C$114 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable 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 Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Meren Energy and its competitors. Meren Energy's current Accounts Receivable is C$114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meren Energy stock overvalued right now?
Meren Energy (TSX:MER) has a current Accounts Receivable of C$114 Mil. The current Accounts Receivable is C$114 Mil. Meren Energy's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Meren Energy (TSX:MER), the current Accounts Receivable is C$114 Mil as of Jun. 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.

Meren Energy Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Meren Energy Inc is an Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa, and Equatorial Guinea. The development assets of the company are in deepwater Nigeria operated by Majors. The Company holds a forward position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.
35GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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