Meridian AD (XBLB:MRDN-R-A) Days Inventory: 0.00 (As of Dec. 2014)

What is Meridian AD Days Inventory?

Meridian AD XBLB:MRDN-R-A Days Inventory is 0.00 as of Dec. 2014.

Days Inventory is also known as Days Sales of Inventory (DSI). Meridian AD's Average Total Inventories for the six months ended in Dec. 2014 was BAM0.01 Mil. Meridian AD's Cost of Goods Sold for the six months ended in Dec. 2014 was BAM0.00 Mil.

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

XBLB:MRDN-R-A's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 12.455
* Ranked among companies with meaningful Days Inventory only.

Meridian AD's Days Inventory declined from Jun. 2013 (1.90) to Dec. 2014 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meridian AD's Inventory Turnover for the six months ended in Dec. 2014 was 0.00.

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 AD (XBLB:MRDN-R-A) 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 AD's Inventory Turnover for the six months ended in Dec. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.01
	=	0.00

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 AD's Inventory to Revenue for the six months ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.01	/	0
	=

* 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 AD Days Inventory Related Terms

Meridian AD Days Inventory Historical Data

* Premium members only.

The historical data trend for Meridian AD's Days Inventory can be seen below:

Meridian AD Days Inventory Chart

Meridian AD Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Days Inventory

1.69

1.44

1.45

1.46

Meridian AD Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14
Days Inventory	Get a 7-Day Free Trial			1.56	1.33	1.90	1.55	0.00

XBLB:MRDN-R-A vs JANL: Days Inventory Comparison

For the Integrated Freight & Logistics subindustry, Meridian AD'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 AD Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Meridian AD's Days Inventory distribution charts can be found below:

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

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Meridian AD Days Inventory Calculation

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

Meridian AD's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (0.009	+	0.011)	/	2 )	/	2.492	*	365
=	0.01					/	2.492	*	365
=	1.46

Meridian AD's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

	Days Inventory (Q: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
=	( (0.009	+	0.011)	/	2 )	/	0	*	365 / 2
=	0.01					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Meridian AD (XBLB:MRDN-R-A) has a Days Inventory of 0.00 as of Dec. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meridian AD and its competitors.

Is Meridian AD's Days Inventory too high?

Meridian AD's current Days Inventory is 0.00.

How does Meridian AD's Days Inventory compare to JANL?

Meridian AD's Days Inventory of 0.00 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.46. 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 Transportation company?

The median Days Inventory among Transportation companies is 12.46, based on 796 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. 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 AD and its competitors. For the Transportation industry, the median Days Inventory is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian AD's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Meridian AD stock overvalued right now?

Meridian AD (XBLB:MRDN-R-A) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 AD (XBLB:MRDN-R-A), the current Days Inventory is 0.00 as of Dec. 2014. 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.

Meridian AD Business Description

Industry Industrials Transportation

Comparable Companies BOM:523846 BOM:531834 BOM:506159 BOM:532623 BOM:520127 BOM:526622 NSE:GICL HAM:M5S WAR:PRL JANL XKLS:7218 XPAE:WASSEL BOM:540738 BOM:523116 NSE:JETFREIGHT SGX:BTJ BOM:520155 WAR:BLT WAR:ATA XKLS:6254

Address Branka Perduva bb, Banja Luka, BIH, 78000

Website https://www.meridianbl.com

Meridian AD operates in the integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.