SODEP -Marsa Maroc (CAS:MSA) Days Payable: 75.85 (As of Dec. 2025) — Near Median

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:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
View Full Analysis

What is SODEP -Marsa Maroc Days Payable?

SODEP -Marsa Maroc CAS:MSA 88 Days Payable is 75.85 as of Dec. 2025, which is 8% below its 10-year median of 82.72. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 968 Transportation companies, SODEP -Marsa Maroc ranks better than 80.17% on this metric.

SODEP -Marsa Maroc's average Accounts Payable for the six months ended in Dec. 2025 was MAD490 Mil. SODEP -Marsa Maroc's Cost of Goods Sold for the six months ended in Dec. 2025 was MAD1,180 Mil. Hence, SODEP -Marsa Maroc's Days Payable for the six months ended in Dec. 2025 was 75.85.

The historical rank and industry rank for SODEP -Marsa Maroc's Days Payable or its related term are showing as below:

CAS:MSA' s Days Payable Range Over the Past 10 Years
Min: 65.62   Med: 82.72   Max: 113.01
Current: 90.64

During the past 11 years, SODEP -Marsa Maroc's highest Days Payable was 113.01. The lowest was 65.62. And the median was 82.72.

CAS:MSA's Days Payable is ranked better than
80.17% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs CAS:MSA: 90.64

SODEP -Marsa Maroc's Days Payable increased from Dec. 2024 (55.31) to Dec. 2025 (75.85). It may suggest that SODEP -Marsa Maroc delayed paying its suppliers.


SODEP -Marsa Maroc Days Payable Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa Maroc's Days Payable 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.

SODEP -Marsa Maroc Days Payable Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.78 111.26 67.09 77.19 88.24

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable 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 35.21 103.06 55.31 120.38 75.85

CAS:MSA vs KEX: Days Payable Comparison

For the Marine Shipping subindustry, SODEP -Marsa Maroc's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SODEP -Marsa Maroc Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Days Payable distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Days Payable falls into.


CAS:MSA
88GF Score
SODEP -Marsa Maroc SA CAS:MSA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

SODEP -Marsa Maroc's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (389.954 + 499.573) / 2 ) / 1839.736*365
=444.7635 / 1839.736*365
=88.24

SODEP -Marsa Maroc's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (480.988 + 499.573) / 2 ) / 1179.57*365 / 2
=490.2805 / 1179.57*365 / 2
=75.85

* 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 Days Payable →
What does a Days Payable of 75.85 mean?
SODEP -Marsa Maroc (CAS:MSA) has a Days Payable of 75.85 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SODEP -Marsa Maroc and its competitors. This is near median its historical median of 82.72. Over the past decade, SODEP -Marsa Maroc's Days Payable has ranged from 65.62 to 113.01. According to the industry distribution chart, SODEP -Marsa Maroc ranks #192 out of 968 companies in the Transportation industry, placing it in the top 19.8%.
Is SODEP -Marsa Maroc's Days Payable too high?
SODEP -Marsa Maroc's current Days Payable of 75.85 is near median its 10-year median of 82.72. Over the past 10 years, this metric has ranged from a low of 65.62 to a high of 113.01. The Transportation industry median Days Payable is 38.80. SODEP -Marsa Maroc's value of 75.85 is 95.5% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #192 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Days Payable compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #192 out of 968 companies for Days Payable. This places SODEP -Marsa Maroc in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.80. SODEP -Marsa Maroc's value of 75.85 is 95.5% above this benchmark. Historically, SODEP -Marsa Maroc's own Days Payable has ranged from 65.62 to 113.01 over the past decade. While the company's 10-year median is 82.72 vs. the industry median of 38.80, SODEP -Marsa Maroc has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.80, based on 968 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SODEP -Marsa Maroc's current Days Payable of 75.85 is 95.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current Days Payable is 75.85, which is near median its own 10-year median of 82.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Days Payable is 75.85, which is near median its 10-year median of 82.72 and 95.5% above the Transportation industry median of 38.80. SODEP -Marsa Maroc's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current Days Payable is 75.85 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Days Payable: 75.85 (near median its 10-year median of 82.72)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 95.5% above the Transportation median (#192 of 968)

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score

Get the complete analysis for CAS:MSA

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

MAD865.00
Price
MAD551.32
GF Value