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


What is Meridian AD Days Payable?

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

Meridian AD's average Accounts Payable for the six months ended in Dec. 2014 was BAM0.00 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 Payable or its related term are showing as below:

XBLB:MRDN-R-A's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.985
* Ranked among companies with meaningful Days Payable only.

Meridian AD's Days Payable stayed the same from Jun. 2013 (0.00) to Dec. 2014 (0.00).

Meridian AD Days Payable Historical Data

* Premium members only.

The historical data trend for Meridian AD's Days Payable 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 AD Days Payable Chart

Meridian AD Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Days Payable
0.00 0.00 0.00 0.00

Meridian AD Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

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

For the Integrated Freight & Logistics subindustry, Meridian AD's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Transportation Industry

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

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


Meridian AD Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 2.492*365
=0 / 2.492*365
=0.00

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

Days Payable (Q: Dec. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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 Payable →
What does a Days Payable of 0.00 mean?
Meridian AD (XBLB:MRDN-R-A) has a Days Payable of 0.00 as of Dec. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meridian AD and its competitors.
Is Meridian AD's Days Payable too high?
Meridian AD's current Days Payable is 0.00.
How does Meridian AD's Days Payable compare to JANL?
Meridian AD's Days Payable of 0.00 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meridian AD and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian AD's current Days Payable 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 Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Meridian AD (XBLB:MRDN-R-A), the current Days Payable 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

Address Branka Perduva bb, Banja Luka, BIH, 78000
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.