Meridian AD (XBLB:MRDN-R-A) Days Inventory : 1.55 (As of Dec. 2013)

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What is Meridian AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meridian AD's Average Total Inventories for the six months ended in Dec. 2013 was BAM0.01 Mil. Meridian AD's Cost of Goods Sold for the six months ended in Dec. 2013 was BAM1.30 Mil. Hence, Meridian AD's Days Inventory for the six months ended in Dec. 2013 was 1.55.

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: 11.57
* Ranked among companies with meaningful Days Inventory only.

Meridian AD's Days Inventory increased from Dec. 2012 (1.33) to Dec. 2013 (1.55). It might indicate that Meridian AD's sales slowed down.

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. 2013 was 117.91.

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. 2013 was 0.00.

Meridian AD Days Inventory Historical Data

The historical data trend for Meridian AD's Days Inventory 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.

* Premium members only.

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	-

Competitive Comparison of Meridian AD's Days Inventory

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's Days Inventory Distribution in the 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.

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. 2013 is calculated as:

	Days Inventory (Q: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
=	( (0.013	+	0.009)	/	2 )	/	1.297	*	365 / 2
=	0.011					/	1.297	*	365 / 2
=	1.55

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. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.297	/	0.011
	=	117.91

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. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.011	/	3.981
	=	0.00

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

Thank you for viewing the detailed overview of Meridian AD's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Meridian AD (XBLB:MRDN-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meridian AD (XBLB:MRDN-R-A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veselina Maslese 21/II, Banja Luka, BIH, 78000

Website

http://www.meridianbl.com

Meridian AD operates in 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.

Meridian AD (XBLB:MRDN-R-A) Headlines

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