Canacol EnergyCNNEQ Days Payable is 494.75 as of Sep. 2025, which is 32% above its 10-year median of 375.83. The stock has 4 warning signs investors should review. Among 849 Oil & Gas companies, Canacol Energy ranks better than 92.82% on this metric.
The historical rank and industry rank for Canacol Energy's Days Payable or its related term are showing as below:
CNNEQ'
s Days Payable Range Over the Past 10 Years
Min: 189.47 Med: 375.83 Max: 555.25
Current: 440.37
During the past 13 years, Canacol Energy's highest Days Payable was 555.25. The lowest was 189.47. And the median was 375.83.
CNNEQ's Days Payable is ranked better than 92.82% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs CNNEQ: 440.37
Canacol Energy's Days Payable
increased
from Sep. 2024 (366.07) to Sep. 2025 (494.75).
It may suggest that Canacol Energydelayed paying its suppliers.
Canacol Energy Days Payable Related Terms
Canacol Energy Days Payable Historical Data
* Premium members only.
The historical data trend for Canacol Energy'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.
CNNEQ vs LEEN, SPOWF, BRLL: Days Payable Comparison
For the Oil & Gas E&P subindustry, Canacol Energy'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.
Canacol Energy Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Canacol Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where Canacol Energy's Days Payable falls into.
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.
Canacol Energy's Days Payable for the fiscal year that ended in Dec. 2024 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.
Canacol Energy (CNNEQ) has a Days Payable of 494.75 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Canacol Energy and its competitors. This is 32% above median its historical median of 375.83. Over the past decade, Canacol Energy's Days Payable has ranged from 189.47 to 555.25. According to the industry distribution chart, Canacol Energy ranks #61 out of 849 companies in the Oil & Gas industry, placing it in the top 7.2%.
Is Canacol Energy's Days Payable too high?
Canacol Energy's current Days Payable of 494.75 is 32% above median its 10-year median of 375.83. Over the past 10 years, this metric has ranged from a low of 189.47 to a high of 555.25. The Oil & Gas industry median Days Payable is 57.95. Canacol Energy's value of 494.75 is 753.8% above this industry median. Based on the distribution chart, Canacol Energy ranks #61 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Canacol Energy's Days Payable compare to LEEN and SPOWF?
According to the Oil & Gas industry distribution chart, Canacol Energy ranks #61 out of 849 companies for Days Payable. This places Canacol Energy in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Canacol Energy's value of 494.75 is 753.8% above this benchmark. Historically, Canacol Energy's own Days Payable has ranged from 189.47 to 555.25 over the past decade. While the company's 10-year median is 375.83 vs. the industry median of 57.95, Canacol Energy 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. Canacol Energy's current Days Payable of 494.75 is 753.8% 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 Canacol Energy 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. Canacol Energy's current Days Payable is 494.75, which is 32% above median its own 10-year median of 375.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canacol Energy stock overvalued right now?
Based on GuruFocus' analysis, Canacol Energy (CNNEQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.25, compared to a current price of $0.01 — trading 99.7% below its estimated fair value. The current Days Payable is 494.75, which is 32% above median its 10-year median of 375.83 and 753.8% above the Oil & Gas industry median of 57.95. 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 Canacol Energy (CNNEQ), the current Days Payable is 494.75 as of Sep. 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.
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.
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