The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Auto Nejma's Revenue for the
six
months ended in Dec. 2025 was MAD2,379 Mil. Auto Nejma's average Accounts Receivable for the
six
months ended in Dec. 2025 was MAD617 Mil.
Hence, Auto Nejma's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.86.
Auto Nejma (CAS:NEJ) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Auto Nejma Receivables Turnover Related Terms
Auto Nejma Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Auto Nejma's Receivables Turnover 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.
CAS:NEJ vs CVNA, PAG, ALTB: Receivables Turnover Comparison
For the Auto & Truck Dealerships subindustry, Auto Nejma's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Nejma's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Auto Nejma's Receivables Turnover falls into.
* 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 (CAS:NEJ) has a Receivables Turnover of 3.86 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Auto Nejma and its competitors.
Is Auto Nejma's Receivables Turnover too high?
Auto Nejma's current Receivables Turnover is 3.86. The Vehicles & Parts industry median Receivables Turnover is 5.99. Auto Nejma's value of 3.86 is 35.6% below this industry median. 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 Receivables Turnover compare to CVNA and PAG?
Auto Nejma's Receivables Turnover of 3.86 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 5.99. Auto Nejma's value of 3.86 is 35.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Auto Nejma's current Receivables Turnover of 3.86 is 35.6% below 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Auto Nejma and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Nejma's current Receivables Turnover is 3.86. 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 Receivables Turnover of 3.86. 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 Receivables Turnover is 3.86 and 35.6% below the Vehicles & Parts industry median of 5.99. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Auto Nejma (CAS:NEJ), the current Receivables Turnover is 3.86 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:
Receivables Turnover: 3.86
GF Value™: MAD3,975.06 vs. price of MAD4,834.00 (21.6% above fair value)
Industry Position: 35.6% below the Vehicles & Parts median
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 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
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CAS:NEJ has been successfully added to your 
