MRDN (Meridian Holdings) Days Inventory: 18.58 (As of Jun. 2026) — 16% Above Median

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MRDN Meridian Holdings Inc MRDN
74 GF Score
Price $14.30
GF Value $25.12
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Meridian Holdings Days Inventory?

Meridian Holdings MRDN +1.49% 74 Days Inventory is 18.58 as of Jun. 2026, which is 16% above its 10-year median of 16.05. GuruFocus rates MRDN with a GF Score™ of 74/100 and a GF Value™ of $25.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 693 Travel & Leisure companies, Meridian Holdings ranks better than 56.13% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Meridian Holdings's Average Total Inventories for the three months ended in Jun. 2026 was $4.8 Mil. Meridian Holdings's Cost of Goods Sold for the three months ended in Jun. 2026 was $23.3 Mil. Hence, Meridian Holdings's Days Inventory for the three months ended in Jun. 2026 was 18.58.

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

MRDN' s Days Inventory Range Over the Past 10 Years
Min: 15.23   Med: 16.05   Max: 21.75
Current: 21.3

During the past 13 years, Meridian Holdings's highest Days Inventory was 21.75. The lowest was 15.23. And the median was 16.05.

MRDN's Days Inventory is ranked better than
56.13% of 693 companies
in the Travel & Leisure industry
Industry Median: 31.15 vs MRDN: 21.30

Meridian Holdings's Days Inventory declined from Jun. 2025 (23.31) to Jun. 2026 (18.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meridian Holdings's Inventory Turnover for the three months ended in Jun. 2026 was 4.91.

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 Holdings's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.09.


Meridian Holdings  (NAS:MRDN) 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 Holdings's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

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 Holdings's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

* 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

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 Holdings Days Inventory Related Terms


Meridian Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Meridian Holdings'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.

Meridian Holdings Days Inventory Chart

Meridian Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 15.59 15.23 16.50 21.75

Meridian Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Inventory 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 23.31 22.76 24.25 21.58 18.58

MRDN vs INSE, ROLR, GRSD: Days Inventory Comparison

For the Gambling subindustry, Meridian Holdings'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 Holdings Days Inventory vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Days Inventory distribution charts can be found below:

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


MRDN
74GF Score
Meridian Holdings Inc MRDN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridian Holdings Days Inventory Calculation

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

Meridian Holdings's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3.938 + 5.525) / 2 ) / 79.406*365
=4.7315 / 79.406*365
=21.75

Meridian Holdings's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (4.863 + 4.64) / 2 ) / 23.339*365 / 4
=4.7515 / 23.339*365 / 4
=18.58

* 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 Days Inventory →
What does a Days Inventory of 18.58 mean?
Meridian Holdings (MRDN) has a Days Inventory of 18.58 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meridian Holdings and its competitors. This is 16% above median its historical median of 16.05. Over the past decade, Meridian Holdings' Days Inventory has ranged from 15.23 to 21.75. According to the industry distribution chart, Meridian Holdings ranks #304 out of 693 companies in the Travel & Leisure industry, placing it in the top 43.9%.
Is Meridian Holdings' Days Inventory too high?
Meridian Holdings' current Days Inventory of 18.58 is 16% above median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 15.23 to a high of 21.75. The Travel & Leisure industry median Days Inventory is 31.15. Meridian Holdings' value of 18.58 is 40.4% below this industry median. Based on the distribution chart, Meridian Holdings ranks #304 out of 693 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Days Inventory compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #304 out of 693 companies for Days Inventory. This puts Meridian Holdings in the upper half of its industry. The industry median Days Inventory is 31.15. Meridian Holdings' value of 18.58 is 40.4% below this benchmark. Historically, Meridian Holdings' own Days Inventory has ranged from 15.23 to 21.75 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 31.15, Meridian Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 31.15, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current Days Inventory of 18.58 is 40.4% below 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Days Inventory is 31.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Days Inventory is 18.58, which is 16% above median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current Days Inventory is 18.58, which is 16% above median its 10-year median of 16.05 and 40.4% below the Travel & Leisure industry median of 31.15. Meridian Holdings' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current Days Inventory is 18.58 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.

Is Meridian Holdings (MRDN) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued. The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12. GuruFocus considers Meridian Holdings to be Possible Value Trap.

Key valuation signals for MRDN:

  • Days Inventory: 18.58 (16% above median its 10-year median of 16.05)
  • GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 40.4% below the Travel & Leisure median (#304 of 693)

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


Meridian Holdings Business Description

Other Exchanges SE0:Germany
Address 3651 Lindell Road, Suite D555, Las Vegas, NV, USA, 89103
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score

Get the complete analysis for MRDN

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

$14.30
Price
$25.12
GF Value