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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ciments du Maroc's accounts receivables for the quarter that ended in Dec. 2025 was MAD972 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Ciments du Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 54.47.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ciments du Maroc's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was MAD-162.11.
Ciments 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.
Ciments du Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ciments du Maroc's accounts receivable are only considered to be worth 75% of book value:
Ciments du Maroc's Net-Net Working Capital Per Share for the quarter 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.
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.
Ciments du Maroc Accounts Receivable Related Terms
Ciments du Maroc Accounts Receivable Historical Data
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The historical data trend for Ciments 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.
What does a Accounts Receivable of MAD972 Mil mean?
Ciments du Maroc (CAS:CMA) has a Accounts Receivable of MAD972 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ciments du Maroc and its competitors.
Is Ciments du Maroc's Accounts Receivable too high?
Ciments du Maroc's current Accounts Receivable is MAD972 Mil. Overall, Ciments du Maroc has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ciments du Maroc's Accounts Receivable compare to CRH and VMC?
Ciments du Maroc's Accounts Receivable of MAD972 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Building Materials company?
A good Accounts Receivable depends on the Building Materials industry context. However, Accounts Receivable 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 Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ciments du Maroc and its competitors. Ciments du Maroc's current Accounts Receivable is MAD972 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciments du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Ciments du Maroc (CAS:CMA) is currently considered Significantly Undervalued. The stock's GF Value™ is MAD2,583.34, compared to a current price of MAD1,653.00 — trading 36% below its estimated fair value. The current Accounts Receivable is MAD972 Mil. Ciments du Maroc's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Accounts Receivable is MAD972 Mil 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 Ciments du Maroc (CAS:CMA) Overvalued in 2026?
Based on GuruFocus' analysis, Ciments du Maroc stock appears to be undervalued.
The current stock price of MAD1,653.00 is trading 36% below its estimated GF Value™ of MAD2,583.34.
GuruFocus considers Ciments du Maroc to be Significantly Undervalued.
Key valuation signals for CAS:CMA:
Accounts Receivable: MAD972 Mil
GF Value™: MAD2,583.34 vs. price of MAD1,653.00 (36% below fair value)
No single metric tells the full story. See the CAS:CMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.
73GF Score
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