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


What is Meridian AD Inventory Turnover?

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

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Meridian AD's Cost of Goods Sold for the six months ended in Dec. 2014 was BAM0.00 Mil. Meridian AD's Average Total Inventories for the quarter that ended in Dec. 2014 was BAM0.01 Mil. Meridian AD's Inventory Turnover for the quarter that ended in Dec. 2014 was 0.00.

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

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) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 six months ended in Dec. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2014 )/Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=0.01/0*365 / 2
=

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 quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Meridian AD Inventory Turnover Related Terms

Meridian AD Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Meridian AD's Inventory Turnover 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 Inventory Turnover Chart

Meridian AD Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Inventory Turnover
215.64 252.86 252.53 249.20

Meridian AD Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Inventory Turnover Get a 7-Day Free Trial 116.73 137.10 95.83 117.91 0.00

Meridian AD Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=2.492 / ((0.009 + 0.011) / 2 )
=2.492 / 0.01
=249.20

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

Inventory Turnover (Q: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2014 ) / ((Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Dec. 2014 )) / count )
=0 / ((0.009 + 0.011) / 2 )
=0 / 0.01
=0.00

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Meridian AD (XBLB:MRDN-R-A) has a Inventory Turnover of 0.00 as of Dec. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Meridian AD and its competitors.
Is Meridian AD's Inventory Turnover too high?
Meridian AD's current Inventory Turnover is 0.00.
How does Meridian AD's Inventory Turnover compare to JANL?
Meridian AD's Inventory Turnover of 0.00 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Transportation company?
A good Inventory Turnover depends on the Transportation industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Meridian AD and its competitors. Meridian AD's current Inventory Turnover 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 Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Meridian AD (XBLB:MRDN-R-A), the current Inventory Turnover 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.