Total Energies Marketing Maroc (CAS:TMA) Change In Receivables: MAD0 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:TMA Total Energies Marketing Maroc CAS:TMA
83 GF Score
Price MAD1,457.00
GF Value MAD1,226.89
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Total Energies Marketing Maroc Change In Receivables?

Total Energies Marketing Maroc CAS:TMA +1.53% 83 Change In Receivables is MAD0 Mil as of Dec. 2025. GuruFocus rates CAS:TMA with a GF Score™ of 83/100 and a GF Value™ of MAD1,226.89 (Modestly Overvalued). The stock has 3 warning signs investors should review.

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

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

Total Energies Marketing Maroc's Accounts Receivable for the quarter that ended in Dec. 2025 was MAD1,662 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. Total Energies Marketing Maroc's Days Sales Outstanding for the six months ended in Dec. 2025 was 40.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Total Energies Marketing Maroc's liquidation value for the six months ended in Dec. 2025 was MAD-3,186 Mil.


Total Energies Marketing Maroc  (CAS:TMA) 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.

Total Energies Marketing Maroc's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1662.408/7583.124*91
=40.01

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

Total Energies Marketing Maroc'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)
=1176.535-6273.478+0.75 * 1662.408+0.5 * 1327.499
=-3,186

* 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.


Total Energies Marketing Maroc Change In Receivables Related Terms


Total Energies Marketing Maroc Change In Receivables Historical Data

* Premium members only.

The historical data trend for Total Energies Marketing Maroc'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.

Total Energies Marketing Maroc Change In Receivables Chart

Total Energies Marketing Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Total Energies Marketing Maroc 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:TMA
83GF Score
Total Energies Marketing Maroc CAS:TMA
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Total Energies Marketing Maroc 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 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 Mil mean?
Total Energies Marketing Maroc (CAS:TMA) has a Change In Receivables of MAD0 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Total Energies Marketing Maroc and its competitors.
Is Total Energies Marketing Maroc's Change In Receivables too high?
Total Energies Marketing Maroc's current Change In Receivables is MAD0 Mil. Overall, Total Energies Marketing Maroc has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energies Marketing Maroc's Change In Receivables compare to VLO and MPC?
Total Energies Marketing Maroc's Change In Receivables of MAD0 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Total Energies Marketing Maroc and its competitors. Total Energies Marketing Maroc's current Change In Receivables is MAD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energies Marketing Maroc stock overvalued right now?
Based on GuruFocus' analysis, Total Energies Marketing Maroc (CAS:TMA) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,226.89, compared to a current price of MAD1,457.00 — trading 18.8% above its estimated fair value. The current Change In Receivables is MAD0 Mil. Total Energies Marketing Maroc's overall GF Score™ is 83/100 with 3 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 Total Energies Marketing Maroc (CAS:TMA), the current Change In Receivables is MAD0 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 Total Energies Marketing Maroc (CAS:TMA) Overvalued in 2026?

Based on GuruFocus' analysis, Total Energies Marketing Maroc stock appears to be overvalued. The current stock price of MAD1,457.00 is trading 18.8% above its estimated GF Value™ of MAD1,226.89. GuruFocus considers Total Energies Marketing Maroc to be Modestly Overvalued.

Key valuation signals for CAS:TMA:

  • Change In Receivables: MAD0 Mil
  • GF Value™: MAD1,226.89 vs. price of MAD1,457.00 (18.8% above fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Total Energies Marketing Maroc Business Description

Industry EnergyOil & Gas
Address 146, boulevard Zerktouni, Casablanca, MAR, 20000
Total Energies Marketing Maroc is an international oil and gas company. It is engaged in trade of oil, shale and their derivatives, greasy substances, simple or compound of mineral or organic origin, essential oils and all by-products of the materials. It engages in research, exploitation of oil fields, the acquisition of interests in existing companies, the purchase and sale of crude oil and finished products, and all industrial, mining, commercial, financial, and Real estate development.
83GF Score

Get the complete analysis for CAS:TMA

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

MAD1,457.00
Price
MAD1,226.89
GF Value