Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Accounts Receivable: MAD317.7 Mil (As of Dec. 2025)

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CAS:SNP Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
48 GF Score
Price MAD314.00
GF Value MAD469.97
Valuation Possible Value Trap
! 4 Warning Signs
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What is Societe Nationale d'Electrolyse et de Petrochimie Accounts Receivable?

Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP -0.30% 48 Accounts Receivable is MAD317.7 Mil as of Dec. 2025. GuruFocus rates CAS:SNP with a GF Score™ of 48/100 and a GF Value™ of MAD469.97 (Possible Value Trap). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Societe Nationale d'Electrolyse et de Petrochimie's accounts receivables for the quarter that ended in Dec. 2025 was MAD317.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Societe Nationale d'Electrolyse et de Petrochimie's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 150.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Societe Nationale d'Electrolyse et de Petrochimie's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was MAD-367.75.


Societe Nationale d'Electrolyse et de Petrochimie 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.

Societe Nationale d'Electrolyse et de Petrochimie's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=317.715/385.889*91
=150.26

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Societe Nationale d'Electrolyse et de Petrochimie's accounts receivable are only considered to be worth 75% of book value:

Societe Nationale d'Electrolyse et de Petrochimie'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)
=(1.262+0.75 * 317.715+0.5 * 202.37-1223.342
-0-0)/2.400
=-367.75

* 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.


Societe Nationale d'Electrolyse et de Petrochimie Accounts Receivable Related Terms


Societe Nationale d'Electrolyse et de Petrochimie Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Accounts Receivable Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 461.41 398.10 303.21 306.08 317.72

Societe Nationale d'Electrolyse et de Petrochimie 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 303.21 265.84 306.08 298.75 317.72
CAS:SNP
48GF Score
Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Nationale d'Electrolyse et de Petrochimie 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 MAD317.7 Mil mean?
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Accounts Receivable of MAD317.7 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Societe Nationale d'Electrolyse et de Petrochimie and its competitors.
Is Societe Nationale d'Electrolyse et de Petrochimie's Accounts Receivable too high?
Societe Nationale d'Electrolyse et de Petrochimie's current Accounts Receivable is MAD317.7 Mil. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Societe Nationale d'Electrolyse et de Petrochimie's Accounts Receivable compare to LIN and SHW?
Societe Nationale d'Electrolyse et de Petrochimie's Accounts Receivable of MAD317.7 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Receivable depends on the Chemicals 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors. Societe Nationale d'Electrolyse et de Petrochimie's current Accounts Receivable is MAD317.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Possible Value Trap. The stock's GF Value™ is MAD469.97, compared to a current price of MAD314.00 — trading 33.2% below its estimated fair value. The current Accounts Receivable is MAD317.7 Mil. Societe Nationale d'Electrolyse et de Petrochimie's overall GF Score™ is 48/100 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Accounts Receivable is MAD317.7 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued. The current stock price of MAD314.00 is trading 33.2% below its estimated GF Value™ of MAD469.97. GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Possible Value Trap.

Key valuation signals for CAS:SNP:

  • Accounts Receivable: MAD317.7 Mil
  • GF Value™: MAD469.97 vs. price of MAD314.00 (33.2% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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


Societe Nationale d'Electrolyse et de Petrochimie Business Description

Address Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.
48GF Score

Get the complete analysis for CAS:SNP

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

MAD314.00
Price
MAD469.97
GF Value