CNI (Canadian National Railway Co) Days Payable: 64.43 (As of Mar. 2026) — 78% Above Median


CNI Canadian National Railway Co CNI
90 GF Score
Price $120.59
GF Value $113.15
Valuation Fairly Valued
! 8 Warning Signs
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What is Canadian National Railway Co Days Payable?

Canadian National Railway Co CNI +0.02% 90 Days Payable is 64.43 as of Mar. 2026, which is 78% above its 10-year median of 36.23. GuruFocus rates CNI with a GF Score™ of 90/100 and a GF Value™ of $113.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 964 Transportation companies, Canadian National Railway Co ranks better than 77.18% on this metric.

Canadian National Railway Co's average Accounts Payable for the three months ended in Mar. 2026 was $1,346 Mil. Canadian National Railway Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,907 Mil. Hence, Canadian National Railway Co's Days Payable for the three months ended in Mar. 2026 was 64.43.

The historical rank and industry rank for Canadian National Railway Co's Days Payable or its related term are showing as below:

CNI' s Days Payable Range Over the Past 10 Years
Min: 24.04   Med: 36.23   Max: 82.12
Current: 82.12

During the past 13 years, Canadian National Railway Co's highest Days Payable was 82.12. The lowest was 24.04. And the median was 36.23.

CNI's Days Payable is ranked better than
77.18% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs CNI: 82.12

Canadian National Railway Co's Days Payable increased from Mar. 2025 (61.75) to Mar. 2026 (64.43). It may suggest that Canadian National Railway Co delayed paying its suppliers.


Canadian National Railway Co Days Payable Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co'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.

Canadian National Railway Co Days Payable Chart

Canadian National Railway Co 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 36.52 35.94 36.02 37.28 34.56

Canadian National Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.75 89.19 95.53 63.61 64.43

CNI vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Canadian National Railway Co'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.


Canadian National Railway Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Days Payable falls into.


CNI
90GF Score
Canadian National Railway Co CNI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian National Railway Co 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.

Canadian National Railway Co'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
=( (723.661 + 645.161) / 2 ) / 7228.706*365
=684.411 / 7228.706*365
=34.56

Canadian National Railway Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (645.161 + 2047.376) / 2 ) / 1906.706*365 / 4
=1346.2685 / 1906.706*365 / 4
=64.43

* 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 64.43 mean?
Canadian National Railway Co (CNI) has a Days Payable of 64.43 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Canadian National Railway Co and its competitors. This is 78% above median its historical median of 36.23. Over the past decade, Canadian National Railway Co's Days Payable has ranged from 24.04 to 82.12. According to the industry distribution chart, Canadian National Railway Co ranks #220 out of 964 companies in the Transportation industry, placing it in the top 22.8%.
Is Canadian National Railway Co's Days Payable too high?
Canadian National Railway Co's current Days Payable of 64.43 is 78% above median its 10-year median of 36.23. Over the past 10 years, this metric has ranged from a low of 24.04 to a high of 82.12. The Transportation industry median Days Payable is 38.99. Canadian National Railway Co's value of 64.43 is 65.3% above this industry median. Based on the distribution chart, Canadian National Railway Co ranks #220 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian National Railway Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #220 out of 964 companies for Days Payable. This places Canadian National Railway Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. Canadian National Railway Co's value of 64.43 is 65.3% above this benchmark. Historically, Canadian National Railway Co's own Days Payable has ranged from 24.04 to 82.12 over the past decade. While the company's 10-year median is 36.23 vs. the industry median of 38.99, Canadian National Railway Co 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 38.99, based on 964 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. Canadian National Railway Co's current Days Payable of 64.43 is 65.3% 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 Canadian National Railway Co and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current Days Payable is 64.43, which is 78% above median its own 10-year median of 36.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (CNI) is currently considered Fairly Valued. The stock's GF Value™ is $113.15, compared to a current price of $120.59 — trading 6.6% above its estimated fair value. The current Days Payable is 64.43, which is 78% above median its 10-year median of 36.23 and 65.3% above the Transportation industry median of 38.99. Canadian National Railway Co's overall GF Score™ is 90/100 with 8 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 Canadian National Railway Co (CNI), the current Days Payable is 64.43 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 Canadian National Railway Co (CNI) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued. The current stock price of $120.59 is trading 6.6% above its estimated GF Value™ of $113.15. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for CNI:

  • Days Payable: 64.43 (78% above median its 10-year median of 36.23)
  • GF Value™: $113.15 vs. price of $120.59 (6.6% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 65.3% above the Transportation median (#220 of 964)

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


Canadian National Railway Co Business Description

Address 935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
90GF Score

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

$120.59
Price
$113.15
GF Value