Meren EnergyTSX:MER +1.53%30 Days Inventory is 113.19 as of Mar. 2026, which is 73% above its 10-year median of 65.35. GuruFocus rates TSX:MER with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 685 Oil & Gas companies, Meren Energy ranks worse than 76.5% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Meren Energy's Average Total Inventories for the
three
months ended in Mar. 2026 was C$132.8 Mil. Meren Energy's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$107.0 Mil.
Hence, Meren Energy's Days Inventory for the
three
months ended in Mar. 2026 was 113.19.
The historical rank and industry rank for Meren Energy's Days Inventory or its related term are showing as below:
TSX:MER'
s Days Inventory Range Over the Past 10 Years
Min: 64.94 Med: 65.35 Max: 65.35
Current: 64.94
During the past 13 years, Meren Energy's highest Days Inventory was 65.35. The lowest was 64.94. And the median was 65.35.
TSX:MER's Days Inventory is ranked worse than 76.5% of 685
companies
in the Oil & Gas industry
Industry Median: 31.01
vs TSX:MER: 64.94
Meren Energy's Days Inventory
declined
from Mar. 2025 (136.66) to Mar. 2026 (113.19).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Meren Energy's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.81.
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.
Meren Energy's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.85.
Meren Energy (TSX:MER) 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.
Meren Energy's Inventory Turnover for the
three
months ended in Mar. 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.
Meren Energy's Inventory to Revenue for the
three
months ended in Mar. 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.
Meren Energy Days Inventory Related Terms
Meren Energy Days Inventory Historical Data
* Premium members only.
The historical data trend for Meren 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.
TSX:MER vs COP, EOG, FANG: Days Inventory Comparison
For the Oil & Gas E&P subindustry, Meren 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.
Meren Energy Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where Meren Energy's Days Inventory falls into.
* 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 (TSX:MER) has a Days Inventory of 113.19 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meren Energy and its competitors. This is 73% above median its historical median of 65.35. Over the past decade, Meren Energy's Days Inventory has ranged from 64.94 to 65.35. According to the industry distribution chart, Meren Energy ranks #524 out of 685 companies in the Oil & Gas industry, placing it in the top 76.5%.
Is Meren Energy's Days Inventory too high?
Meren Energy's current Days Inventory of 113.19 is 73% above median its 10-year median of 65.35. Over the past 10 years, this metric has ranged from a low of 64.94 to a high of 65.35. The Oil & Gas industry median Days Inventory is 31.01. Meren Energy's value of 113.19 is 265% above this industry median. Based on the distribution chart, Meren Energy ranks #524 out of 685 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Meren Energy has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Days Inventory compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #524 out of 685 companies for Days Inventory. This places Meren Energy in the lower half of its industry. The industry median Days Inventory is 31.01. Meren Energy's value of 113.19 is 265% above this benchmark. Historically, Meren Energy's own Days Inventory has ranged from 64.94 to 65.35 over the past decade. While the company's 10-year median is 65.35 vs. the industry median of 31.01, Meren Energy has consistently been above 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 685 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. Meren Energy's current Days Inventory of 113.19 is 265% 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 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 Meren Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current Days Inventory is 113.19, which is 73% above median its own 10-year median of 65.35. 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 Days Inventory of 113.19. The current Days Inventory is 113.19, which is 73% above median its 10-year median of 65.35 and 265% above the Oil & Gas industry median of 31.01. Meren Energy's overall GF Score™ is 30/100 with 5 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 Meren Energy (TSX:MER), the current Days Inventory is 113.19 as of Mar. 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 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.
30GF Score
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