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Credit du Maroc (CAS:CDM) Accounts Receivable : MAD0 Mil (As of Dec. 2024)


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What is Credit du Maroc Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Credit du Maroc's accounts receivables for the quarter that ended in Dec. 2024 was MAD0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Credit du Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Credit du Maroc's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was MAD-5,875.73.


Credit du Maroc Accounts Receivable Historical Data

The historical data trend for Credit du Maroc's Accounts Receivable 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.

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Credit du Maroc Accounts Receivable Chart

Credit du Maroc Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Credit du Maroc Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Credit du Maroc Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Credit du Maroc Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Credit du Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/964.542*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Credit du Maroc's accounts receivable are only considered to be worth 75% of book value:

Credit du Maroc's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2238.183+0.75 * 0+0.5 * 0-66172.039
-0-0)/10.881
=-5,875.73

* 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

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Credit du Maroc Accounts Receivable Related Terms

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Credit du Maroc Business Description

Traded in Other Exchanges
N/A
Address
48-58 Bd. Mohammed V, Casablanca, MAR
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.

Credit du Maroc Headlines

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