MDDNF (Meridian Energy) Cash Conversion Cycle: 30.69 (As of Dec. 2025)


MDDNF Meridian Energy Ltd MDDNF
70 GF Score
Price $3.37
GF Value $3.17
Valuation Fairly Valued
! 6 Warning Signs
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What is Meridian Energy Cash Conversion Cycle?

Meridian Energy MDDNF 70 Cash Conversion Cycle is 30.69 as of Dec. 2025. GuruFocus rates MDDNF with a GF Score™ of 70/100 and a GF Value™ of $3.17 (Fairly Valued). The stock has 6 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Meridian Energy's Days Sales Outstanding for the six months ended in Dec. 2025 was 30.69.
Meridian Energy's Days Inventory for the six months ended in Dec. 2025 was 0.
Meridian Energy's Days Payable for the six months ended in Dec. 2025 was 0.
Therefore, Meridian Energy's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 30.69.


Meridian Energy  (OTCPK:MDDNF) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Meridian Energy Cash Conversion Cycle Related Terms


Meridian Energy Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Meridian Energy's Cash Conversion Cycle 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.

Meridian Energy Cash Conversion Cycle Chart

Meridian Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.46 48.69 42.28 30.06 32.76

Meridian Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle 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 32.88 31.98 33.64 22.88 30.69

Meridian Energy Cash Conversion Cycle Competitor Comparison

For the Utilities - Renewable subindustry, Meridian Energy's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Meridian Energy's Cash Conversion Cycle falls into.


MDDNF
70GF Score
Meridian Energy Ltd MDDNF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Energy Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Meridian Energy's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=32.76+0-0
=32.76

Meridian Energy's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=30.69+0-0
=30.69

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 30.69 mean?
Meridian Energy (MDDNF) has a Cash Conversion Cycle of 30.69 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meridian Energy and its competitors.
Is Meridian Energy's Cash Conversion Cycle too high?
Meridian Energy's current Cash Conversion Cycle is 30.69. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 24.63. Meridian Energy's value of 30.69 is 24.6% above this industry median. Overall, Meridian Energy has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Cash Conversion Cycle compare to competitors?
Meridian Energy's Cash Conversion Cycle of 30.69 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 24.63. Meridian Energy's value of 30.69 is 24.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 24.63, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Energy's current Cash Conversion Cycle of 30.69 is 24.6% above 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 Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 24.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current Cash Conversion Cycle is 30.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.17, compared to a current price of $3.37 — trading 6.4% above its estimated fair value. The current Cash Conversion Cycle is 30.69 and 24.6% above the Utilities - Independent Power Producers industry median of 24.63. Meridian Energy's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Cash Conversion Cycle is 30.69 as of Dec. 2025. 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.

Is Meridian Energy (MDDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Energy stock appears to be overvalued. The current stock price of $3.37 is trading 6.4% above its estimated GF Value™ of $3.17. GuruFocus considers Meridian Energy to be Fairly Valued.

Key valuation signals for MDDNF:

  • Cash Conversion Cycle: 30.69
  • GF Value™: $3.17 vs. price of $3.37 (6.4% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 24.6% above the Utilities - Independent Power Producers median

No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meridian Energy Business Description

Address 98 Customhouse Quay, Level 2, Wellington, NZL, 6011
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
70GF Score

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

$3.37
Price
$3.17
GF Value