Cenovus Energy's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 26.54.
Cenovus Energy's Days Inventory for the
three
months ended in Mar. 2026 was 37.39.
Cenovus Energy's Days Payable for the
three
months ended in Mar. 2026 was 60.98.
Therefore, Cenovus Energy's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 2.95.
Cenovus Energy (MEX:CVE N) Cash Conversion Cycle Explanation
Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.
Be Aware
CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.
The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.
Cenovus Energy Cash Conversion Cycle Related Terms
Cenovus Energy Cash Conversion Cycle Historical Data
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The historical data trend for Cenovus Energy's Cash Conversion Cycle 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.
MEX:CVE N vs XOM, CVX: Cash Conversion Cycle Comparison
For the Oil & Gas Integrated subindustry, Cenovus Energy's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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.
Cenovus Energy Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Cash Conversion Cycle falls into.
Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.
Cash Conversion Cycle is one of several measures of management effectiveness.
Cenovus Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Cenovus Energy (MEX:CVE N) has a Cash Conversion Cycle of 2.95 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Cash Conversion Cycle too high?
Cenovus Energy's current Cash Conversion Cycle is 2.95. The Oil & Gas industry median Cash Conversion Cycle is 18.37. Cenovus Energy's value of 2.95 is 83.9% below this industry median. Overall, Cenovus Energy has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Cash Conversion Cycle compare to XOM and CVX?
Cenovus Energy's Cash Conversion Cycle of 2.95 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. Cenovus Energy's value of 2.95 is 83.9% 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 Cash Conversion Cycle for an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Cash Conversion Cycle of 2.95 is 83.9% 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 Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Cash Conversion Cycle is 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Cenovus Energy (MEX:CVE N) has a current Cash Conversion Cycle of 2.95. The stock's GF Value™ is MXN264.43, compared to a current price of MXN415.00 — trading 56.9% above its estimated fair value. The current Cash Conversion Cycle is 2.95 and 83.9% below the Oil & Gas industry median of 18.37. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Cenovus Energy (MEX:CVE N), the current Cash Conversion Cycle is 2.95 as of Mar. 2026. 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 Cenovus Energy (MEX:CVE N) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of MXN415.00 is trading 56.9% above its estimated GF Value™ of MXN264.43.
Key valuation signals for MEX:CVE N:
Cash Conversion Cycle: 2.95
GF Value™: MXN264.43 vs. price of MXN415.00 (56.9% above fair value)
Industry Position: 83.9% below the Oil & Gas median
No single metric tells the full story. See the MEX:CVE N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
66GF Score
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