Total Energies Marketing Maroc (CAS:TMA) Days Payable: 127.10 (As of Dec. 2025) — 55% Above Median


CAS:TMA Total Energies Marketing Maroc CAS:TMA
83 GF Score
Price MAD1,500.00
GF Value MAD1,224.31
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Total Energies Marketing Maroc Days Payable?

Total Energies Marketing Maroc CAS:TMA -0.07% 83 Days Payable is 127.10 as of Dec. 2025, which is 55% above its 10-year median of 82.00. GuruFocus rates CAS:TMA with a GF Score™ of 83/100 and a GF Value™ of MAD1,224.31 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Total Energies Marketing Maroc ranks better than 73.62% on this metric.

Total Energies Marketing Maroc's average Accounts Payable for the six months ended in Dec. 2025 was MAD4,336 Mil. Total Energies Marketing Maroc's Cost of Goods Sold for the six months ended in Dec. 2025 was MAD6,226 Mil. Hence, Total Energies Marketing Maroc's Days Payable for the six months ended in Dec. 2025 was 127.10.

The historical rank and industry rank for Total Energies Marketing Maroc's Days Payable or its related term are showing as below:

CAS:TMA' s Days Payable Range Over the Past 10 Years
Min: 65.18   Med: 82   Max: 124.51
Current: 124.51

During the past 12 years, Total Energies Marketing Maroc's highest Days Payable was 124.51. The lowest was 65.18. And the median was 82.00.

CAS:TMA's Days Payable is ranked better than
73.62% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CAS:TMA: 124.51

Total Energies Marketing Maroc's Days Payable increased from Dec. 2024 (93.44) to Dec. 2025 (127.10). It may suggest that Total Energies Marketing Maroc delayed paying its suppliers.


Total Energies Marketing Maroc Days Payable Historical Data

* Premium members only.

The historical data trend for Total Energies Marketing 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.

Total Energies Marketing Maroc Days Payable Chart

Total Energies Marketing 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 84.26 65.18 86.31 93.80 116.74

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
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 96.77 90.57 93.44 129.64 127.10

CAS:TMA vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Total Energies Marketing 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.


Total Energies Marketing Maroc Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Total Energies Marketing Maroc's Days Payable distribution charts can be found below:

* The bar in red indicates where Total Energies Marketing Maroc's Days Payable falls into.


CAS:TMA
83GF Score
Total Energies Marketing Maroc CAS:TMA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Total Energies Marketing 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.

Total Energies Marketing 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
=( (0 + 4065.122) / 1 ) / 12710.254*365
=4065.122 / 12710.254*365
=116.74

Total Energies Marketing 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
=( (4606.324 + 4065.122) / 2 ) / 6225.804*365 / 2
=4335.723 / 6225.804*365 / 2
=127.10

* 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 127.10 mean?
Total Energies Marketing Maroc (CAS:TMA) has a Days Payable of 127.10 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 Total Energies Marketing Maroc and its competitors. This is 55% above median its historical median of 82.00. Over the past decade, Total Energies Marketing Maroc's Days Payable has ranged from 65.18 to 124.51. According to the industry distribution chart, Total Energies Marketing Maroc ranks #224 out of 849 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is Total Energies Marketing Maroc's Days Payable too high?
Total Energies Marketing Maroc's current Days Payable of 127.10 is 55% above median its 10-year median of 82.00. Over the past 10 years, this metric has ranged from a low of 65.18 to a high of 124.51. The Oil & Gas industry median Days Payable is 57.95. Total Energies Marketing Maroc's value of 127.10 is 119.3% above this industry median. Based on the distribution chart, Total Energies Marketing Maroc ranks #224 out of 849 companies in the Oil & Gas industry, which is above the industry midpoint. 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 Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Total Energies Marketing Maroc ranks #224 out of 849 companies for Days Payable. This puts Total Energies Marketing Maroc in the upper half of its industry. The industry median Days Payable is 57.95. Total Energies Marketing Maroc's value of 127.10 is 119.3% above this benchmark. Historically, Total Energies Marketing Maroc's own Days Payable has ranged from 65.18 to 124.51 over the past decade. While the company's 10-year median is 82.00 vs. the industry median of 57.95, Total Energies Marketing 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. Total Energies Marketing Maroc's current Days Payable of 127.10 is 119.3% 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 Total Energies Marketing Maroc and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Energies Marketing Maroc's current Days Payable is 127.10, which is 55% above median its own 10-year median of 82.00. 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 MAD1,224.31, compared to a current price of MAD1,500.00 — trading 22.5% above its estimated fair value. The current Days Payable is 127.10, which is 55% above median its 10-year median of 82.00 and 119.3% above the Oil & Gas industry median of 57.95. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Total Energies Marketing Maroc (CAS:TMA), the current Days Payable is 127.10 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 MAD1,500.00 is trading 22.5% above its estimated GF Value™ of MAD1,224.31. GuruFocus considers Total Energies Marketing Maroc to be Modestly Overvalued.

Key valuation signals for CAS:TMA:

  • Days Payable: 127.10 (55% above median its 10-year median of 82.00)
  • GF Value™: MAD1,224.31 vs. price of MAD1,500.00 (22.5% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 119.3% above the Oil & Gas median (#224 of 849)

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

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

MAD1,500.00
Price
MAD1,224.31
GF Value