MDDNF (Meridian Energy) Receivables Turnover: 5.95 (As of Dec. 2025)


MDDNF Meridian Energy Ltd MDDNF
73 GF Score
Price $3.37
GF Value $3.41
Valuation Fairly Valued
! 6 Warning Signs
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What is Meridian Energy Receivables Turnover?

Meridian Energy MDDNF 73 Receivables Turnover is 5.95 as of Dec. 2025. GuruFocus rates MDDNF with a GF Score™ of 73/100 and a GF Value™ of $3.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 410 Utilities - Independent Power Producers companies, Meridian Energy ranks better than 92.2% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Meridian Energy's Revenue for the six months ended in Dec. 2025 was $1,152 Mil. Meridian Energy's average Accounts Receivable for the six months ended in Dec. 2025 was $194 Mil. Hence, Meridian Energy's Receivables Turnover for the six months ended in Dec. 2025 was 5.95.


Meridian Energy  (OTCPK:MDDNF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Meridian Energy Receivables Turnover Related Terms


Meridian Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Meridian Energy's Receivables 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 Energy Receivables Turnover Chart

Meridian Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.59 7.50 8.63 12.14 11.14

Meridian Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover 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 5.55 5.71 5.43 7.98 5.95

Meridian Energy Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Meridian Energy's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Energy Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Meridian Energy's Receivables Turnover falls into.


MDDNF
73GF Score
Meridian Energy Ltd MDDNF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Energy Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Meridian Energy's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=2893.18 / ((302.64 + 216.657) / 2 )
=2893.18 / 259.6485
=11.14

Meridian Energy's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1151.62 / ((216.657 + 170.718) / 2 )
=1151.62 / 193.6875
=5.95

* 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 Receivables Turnover →
What does a Receivables Turnover of 5.95 mean?
Meridian Energy (MDDNF) has a Receivables Turnover of 5.95 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Meridian Energy and its competitors. According to the industry distribution chart, Meridian Energy ranks #32 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.8%.
Is Meridian Energy's Receivables Turnover too high?
Meridian Energy's current Receivables Turnover is 5.95. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.75. Meridian Energy's value of 5.95 is 3.5% above this industry median. Based on the distribution chart, Meridian Energy ranks #32 out of 410 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Meridian Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #32 out of 410 companies for Receivables Turnover. This places Meridian Energy in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.75. Meridian Energy's value of 5.95 is 3.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.75, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Energy's current Receivables Turnover of 5.95 is 3.5% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current Receivables Turnover is 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.41, compared to a current price of $3.37 — trading 1.1% below its estimated fair value. The current Receivables Turnover is 5.95 and 3.5% above the Utilities - Independent Power Producers industry median of 5.75. Meridian Energy's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Receivables Turnover is 5.95 as of Dec. 2025. 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 Energy (MDDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Energy stock appears to be undervalued. The current stock price of $3.37 is trading 1.1% below its estimated GF Value™ of $3.41. GuruFocus considers Meridian Energy to be Fairly Valued.

Key valuation signals for MDDNF:

  • Receivables Turnover: 5.95
  • GF Value™: $3.41 vs. price of $3.37 (1.1% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 3.5% above the Utilities - Independent Power Producers median (#32 of 410)

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


Meridian Energy Business Description

Address 98 Customhouse Quay, Level 2, Wellington, NZL, 6011
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
73GF Score

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

$3.37
Price
$3.41
GF Value