AFMA (CAS:AFM) Change In Receivables: MAD0.0 Mil (TTM As of Dec. 2025)


CAS:AFM AFMA SA CAS:AFM
26 GF Score
Price MAD1,240.00
GF Value MAD1,579.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is AFMA Change In Receivables?

AFMA CAS:AFM 26 Change In Receivables is MAD0.0 Mil as of Dec. 2025. GuruFocus rates CAS:AFM with a GF Score™ of 26/100 and a GF Value™ of MAD1,579.01 (Modestly Undervalued). The stock has 4 warning signs investors should review.

AFMA's change in receivables for the quarter that ended in Dec. 2025 was MAD0.0 Mil. It means AFMA's Accounts Receivable stayed the same from Jun. 2025 to Dec. 2025 .

AFMA's change in receivables for the fiscal year that ended in Dec. 2025 was MAD0.0 Mil. It means AFMA's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

AFMA's Accounts Receivable for the quarter that ended in Dec. 2025 was MAD840.4 Mil.

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 Receivable are being managed. AFMA's Days Sales Outstanding for the six months ended in Dec. 2025 was 1,104.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AFMA's liquidation value for the six months ended in Dec. 2025 was MAD-458.1 Mil.


AFMA  (CAS:AFM) Change In Receivables 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 Receivable are being managed.

AFMA's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=840.445/138.921*91
=1,104.09

2. In Ben Graham's calculation of liquidation value, AFMA's accounts receivable are only considered to be worth 75% of book value:

AFMA's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=23.323-1111.77+0.75 * 840.445+0.5 * 0
=-458.1

* 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.


AFMA Change In Receivables Related Terms


AFMA Change In Receivables Historical Data

* Premium members only.

The historical data trend for AFMA's Change In Receivables 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.

AFMA Change In Receivables Chart

AFMA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
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AFMA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables 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 0.00 0.00 0.00 0.00 0.00
CAS:AFM
26GF Score
AFMA SA CAS:AFM
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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AFMA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0.0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of MAD0.0 Mil mean?
AFMA (CAS:AFM) has a Change In Receivables of MAD0.0 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for AFMA and its competitors.
Is AFMA's Change In Receivables too high?
AFMA's current Change In Receivables is MAD0.0 Mil. Overall, AFMA has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AFMA's Change In Receivables compare to MRSH and AON?
AFMA's Change In Receivables of MAD0.0 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Insurance company?
A good Change In Receivables depends on the Insurance industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for AFMA and its competitors. AFMA's current Change In Receivables is MAD0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFMA stock overvalued right now?
Based on GuruFocus' analysis, AFMA (CAS:AFM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD1,579.01, compared to a current price of MAD1,240.00 — trading 21.5% below its estimated fair value. The current Change In Receivables is MAD0.0 Mil. AFMA's overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For AFMA (CAS:AFM), the current Change In Receivables is MAD0.0 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 AFMA (CAS:AFM) Overvalued in 2026?

Based on GuruFocus' analysis, AFMA stock appears to be undervalued. The current stock price of MAD1,240.00 is trading 21.5% below its estimated GF Value™ of MAD1,579.01. GuruFocus considers AFMA to be Modestly Undervalued.

Key valuation signals for CAS:AFM:

  • Change In Receivables: MAD0.0 Mil
  • GF Value™: MAD1,579.01 vs. price of MAD1,240.00 (21.5% below fair value)
  • GF Score™: 26/100 with 4 warning signs

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


AFMA Business Description

Address 22, Moulay Youssef bd, Casablanca, MAR, 20 070
AFMA SA provides insurance brokerage services in Morocco. It offers insurance products including Damage Insurance, Insurance Operating Losses, Civil Responsibilities, Car insurance, Transport Insurance, Construction-Related Insurance, Insurance of Persons and Credit insurance. It provides insurance services to both individuals and corporate clients.
26GF Score

Get the complete analysis for CAS:AFM

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

MAD1,240.00
Price
MAD1,579.01
GF Value