SMI - Ste Metallurgique d'Imiter (CAS:SMI) Accounts Receivable: MAD447 Mil (As of Dec. 2025)

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CAS:SMI SMI - Ste Metallurgique d'Imiter CAS:SMI
72 GF Score
Price MAD6,714.00
GF Value MAD3,507.93
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SMI - Ste Metallurgique d'Imiter Accounts Receivable?

SMI - Ste Metallurgique d'Imiter CAS:SMI -1.19% 72 Accounts Receivable is MAD447 Mil as of Dec. 2025. GuruFocus rates CAS:SMI with a GF Score™ of 72/100 and a GF Value™ of MAD3,507.93 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SMI - Ste Metallurgique d'Imiter's accounts receivables for the quarter that ended in Dec. 2025 was MAD447 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SMI - Ste Metallurgique d'Imiter's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 86.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SMI - Ste Metallurgique d'Imiter's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was MAD-13.74.


SMI - Ste Metallurgique d'Imiter 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.

SMI - Ste Metallurgique d'Imiter's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=446.89/937.641*91
=86.98

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), SMI - Ste Metallurgique d'Imiter's accounts receivable are only considered to be worth 75% of book value:

SMI - Ste Metallurgique d'Imiter's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(10.957+0.75 * 446.89+0.5 * 190.663-464.063
-0-0)/1.645
=-13.74

* 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.


SMI - Ste Metallurgique d'Imiter Accounts Receivable Related Terms


SMI - Ste Metallurgique d'Imiter Accounts Receivable Historical Data

* Premium members only.

The historical data trend for SMI - Ste Metallurgique d'Imiter'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.

SMI - Ste Metallurgique d'Imiter Accounts Receivable Chart

SMI - Ste Metallurgique d'Imiter Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.61 308.31 271.32 306.02 446.89

SMI - Ste Metallurgique d'Imiter Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable 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 271.32 363.92 306.02 343.96 446.89
CAS:SMI
72GF Score
SMI - Ste Metallurgique d'Imiter CAS:SMI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMI - Ste Metallurgique d'Imiter Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of MAD447 Mil mean?
SMI - Ste Metallurgique d'Imiter (CAS:SMI) has a Accounts Receivable of MAD447 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SMI - Ste Metallurgique d'Imiter and its competitors.
Is SMI - Ste Metallurgique d'Imiter's Accounts Receivable too high?
SMI - Ste Metallurgique d'Imiter's current Accounts Receivable is MAD447 Mil. Overall, SMI - Ste Metallurgique d'Imiter has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMI - Ste Metallurgique d'Imiter's Accounts Receivable compare to competitors?
SMI - Ste Metallurgique d'Imiter's Accounts Receivable of MAD447 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 SMI - Ste Metallurgique d'Imiter and its competitors. SMI - Ste Metallurgique d'Imiter's current Accounts Receivable is MAD447 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMI - Ste Metallurgique d'Imiter stock overvalued right now?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter (CAS:SMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD3,507.93, compared to a current price of MAD6,714.00 — trading 91.4% above its estimated fair value. The current Accounts Receivable is MAD447 Mil. SMI - Ste Metallurgique d'Imiter's overall GF Score™ is 72/100 with 2 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI), the current Accounts Receivable is MAD447 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI) Overvalued in 2026?

Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter stock appears to be overvalued. The current stock price of MAD6,714.00 is trading 91.4% above its estimated GF Value™ of MAD3,507.93. GuruFocus considers SMI - Ste Metallurgique d'Imiter to be Significantly Overvalued.

Key valuation signals for CAS:SMI:

  • Accounts Receivable: MAD447 Mil
  • GF Value™: MAD3,507.93 vs. price of MAD6,714.00 (91.4% above fair value)
  • GF Score™: 72/100 with 2 warning signs

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


SMI - Ste Metallurgique d'Imiter Business Description

Address Twin Center, Tour A, PO Box 5199, Angle Boulevards Zerktouni et Al Massira Al Khadra, Casablanca, MAR
SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.
72GF Score

Get the complete analysis for CAS:SMI

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

MAD6,714.00
Price
MAD3,507.93
GF Value