Auto Nejma (CAS:NEJ) Days Payable: 84.90 (As of Dec. 2025) — 21% Above Median


CAS:NEJ Auto Nejma CAS:NEJ
39 GF Score
Price MAD4,834.00
GF Value MAD3,975.06
! 3 Warning Signs
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What is Auto Nejma Days Payable?

Auto Nejma CAS:NEJ 39 Days Payable is 84.90 as of Dec. 2025, which is 21% above its 10-year median of 69.92. GuruFocus rates CAS:NEJ with a GF Score™ of 39/100 and a GF Value™ of MAD3,975.06. The stock has 3 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Auto Nejma ranks better than 62.22% on this metric.

Auto Nejma's average Accounts Payable for the six months ended in Dec. 2025 was MAD856 Mil. Auto Nejma's Cost of Goods Sold for the six months ended in Dec. 2025 was MAD1,840 Mil. Hence, Auto Nejma's Days Payable for the six months ended in Dec. 2025 was 84.90.

The historical rank and industry rank for Auto Nejma's Days Payable or its related term are showing as below:

CAS:NEJ' s Days Payable Range Over the Past 10 Years
Min: 51.89   Med: 69.92   Max: 111
Current: 85.75

During the past 13 years, Auto Nejma's highest Days Payable was 111.00. The lowest was 51.89. And the median was 69.92.

CAS:NEJ's Days Payable is ranked better than
62.22% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs CAS:NEJ: 85.75

Auto Nejma's Days Payable increased from Dec. 2024 (77.95) to Dec. 2025 (84.90). It may suggest that Auto Nejma delayed paying its suppliers.


Auto Nejma Days Payable Historical Data

* Premium members only.

The historical data trend for Auto Nejma'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.

Auto Nejma Days Payable Chart

Auto Nejma 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 99.87 79.02 67.10 71.44 79.87

Auto Nejma Semi-Annual Data
Jun16 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 61.90 66.78 77.95 93.57 84.90

CAS:NEJ vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Auto Nejma'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.


Auto Nejma Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Nejma's Days Payable distribution charts can be found below:

* The bar in red indicates where Auto Nejma's Days Payable falls into.


CAS:NEJ
39GF Score
Auto Nejma CAS:NEJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Nejma 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.

Auto Nejma'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
=( (592.485 + 838.579) / 2 ) / 3269.781*365
=715.532 / 3269.781*365
=79.87

Auto Nejma'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
=( (873.465 + 838.579) / 2 ) / 1840.153*365 / 2
=856.022 / 1840.153*365 / 2
=84.90

* 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 84.90 mean?
Auto Nejma (CAS:NEJ) has a Days Payable of 84.90 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 Auto Nejma and its competitors. This is 21% above median its historical median of 69.92. Over the past decade, Auto Nejma's Days Payable has ranged from 51.89 to 111.00. According to the industry distribution chart, Auto Nejma ranks #496 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 37.8%.
Is Auto Nejma's Days Payable too high?
Auto Nejma's current Days Payable of 84.90 is 21% above median its 10-year median of 69.92. Over the past 10 years, this metric has ranged from a low of 51.89 to a high of 111.00. The Vehicles & Parts industry median Days Payable is 67.12. Auto Nejma's value of 84.90 is 26.5% above this industry median. Based on the distribution chart, Auto Nejma ranks #496 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Auto Nejma has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Auto Nejma's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Auto Nejma ranks #496 out of 1313 companies for Days Payable. This puts Auto Nejma in the upper half of its industry. The industry median Days Payable is 67.12. Auto Nejma's value of 84.90 is 26.5% above this benchmark. Historically, Auto Nejma's own Days Payable has ranged from 51.89 to 111.00 over the past decade. While the company's 10-year median is 69.92 vs. the industry median of 67.12, Auto Nejma 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Auto Nejma's current Days Payable of 84.90 is 26.5% 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 Auto Nejma and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Nejma's current Days Payable is 84.90, which is 21% above median its own 10-year median of 69.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Nejma stock overvalued right now?
Auto Nejma (CAS:NEJ) has a current Days Payable of 84.90. The stock's GF Value™ is MAD3,975.06, compared to a current price of MAD4,834.00 — trading 21.6% above its estimated fair value. The current Days Payable is 84.90, which is 21% above median its 10-year median of 69.92 and 26.5% above the Vehicles & Parts industry median of 67.12. Auto Nejma's overall GF Score™ is 39/100 with 3 warning signs to review. 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 Auto Nejma (CAS:NEJ), the current Days Payable is 84.90 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 Auto Nejma (CAS:NEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Auto Nejma stock appears to be overvalued. The current stock price of MAD4,834.00 is trading 21.6% above its estimated GF Value™ of MAD3,975.06.

Key valuation signals for CAS:NEJ:

  • Days Payable: 84.90 (21% above median its 10-year median of 69.92)
  • GF Value™: MAD3,975.06 vs. price of MAD4,834.00 (21.6% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 26.5% above the Vehicles & Parts median (#496 of 1313)

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


Auto Nejma Business Description

Address Km 10, El Jadida Road, Casablanca, MAR, 20230
Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts, and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong, and Mahindra in Morocco.
39GF Score

Get the complete analysis for CAS:NEJ

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

MAD4,834.00
Price
MAD3,975.06
GF Value