Meren Energy's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 10.73.
Meren Energy's Days Inventory for the
three
months ended in Mar. 2026 was 112.75.
Meren Energy's Days Payable for the
three
months ended in Mar. 2026 was 0.
Therefore, Meren Energy's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 123.48.
Meren Energy (CHIX:MERs) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Meren Energy Cash Conversion Cycle Related Terms
Meren Energy Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Meren Energy's Cash Conversion Cycle 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.
CHIX:MERS vs COP, EOG, OXY: Cash Conversion Cycle Comparison
For the Oil & Gas E&P subindustry, Meren Energy's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Meren Energy's Cash Conversion Cycle falls into.
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Meren Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Meren Energy (CHIX:MERS) has a Cash Conversion Cycle of 123.48 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meren Energy and its competitors.
Is Meren Energy's Cash Conversion Cycle too high?
Meren Energy's current Cash Conversion Cycle is 123.48. The Oil & Gas industry median Cash Conversion Cycle is 18.48. Meren Energy's value of 123.48 is 568.2% above this industry median. Overall, Meren Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Cash Conversion Cycle compare to COP and EOG?
Meren Energy's Cash Conversion Cycle of 123.48 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.48. Meren Energy's value of 123.48 is 568.2% 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 Cash Conversion Cycle for an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.48, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meren Energy's current Cash Conversion Cycle of 123.48 is 568.2% 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 Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meren Energy and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current Cash Conversion Cycle is 123.48. 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 (CHIX:MERS) has a current Cash Conversion Cycle of 123.48. The current Cash Conversion Cycle is 123.48 and 568.2% above the Oil & Gas industry median of 18.48. Meren Energy's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Meren Energy (CHIX:MERS), the current Cash Conversion Cycle is 123.48 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.
36GF Score
Get the complete analysis for CHIX:MERS
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MERS has been successfully added to your 
