CQP (Cheniere Energy Partners LP) Days Payable: 1.63 (As of Mar. 2026) — 43% Below Median


CQP Cheniere Energy Partners LP CQP
76 GF Score
Price $60.53
GF Value $62.13
Valuation Fairly Valued
! 11 Warning Signs
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What is Cheniere Energy Partners LP Days Payable?

Cheniere Energy Partners LP CQP +0.80% 76 Days Payable is 1.63 as of Mar. 2026, which is 43% below its 10-year median of 2.86. GuruFocus rates CQP with a GF Score™ of 76/100 and a GF Value™ of $62.13 (Fairly Valued). The stock has 11 warning signs investors should review. Among 854 Oil & Gas companies, Cheniere Energy Partners LP ranks worse than 98.13% on this metric.

Cheniere Energy Partners LP's average Accounts Payable for the three months ended in Mar. 2026 was $53 Mil. Cheniere Energy Partners LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,936 Mil. Hence, Cheniere Energy Partners LP's Days Payable for the three months ended in Mar. 2026 was 1.63.

The historical rank and industry rank for Cheniere Energy Partners LP's Days Payable or its related term are showing as below:

CQP' s Days Payable Range Over the Past 10 Years
Min: 0.76   Med: 2.86   Max: 13.95
Current: 3.2

During the past 13 years, Cheniere Energy Partners LP's highest Days Payable was 13.95. The lowest was 0.76. And the median was 2.86.

CQP's Days Payable is ranked worse than
98.13% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs CQP: 3.20

Cheniere Energy Partners LP's Days Payable declined from Mar. 2025 (3.17) to Mar. 2026 (1.63). It may suggest that Cheniere Energy Partners LP accelerated paying its suppliers.


Cheniere Energy Partners LP Days Payable Historical Data

* Premium members only.

The historical data trend for Cheniere Energy Partners LP'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.

Cheniere Energy Partners LP Days Payable Chart

Cheniere Energy Partners LP 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 1.01 0.76 5.40 5.62 3.60

Cheniere Energy Partners LP 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 3.17 4.64 4.06 4.44 1.63

CQP vs VG, WES, PAA: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP'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.


Cheniere Energy Partners LP Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Cheniere Energy Partners LP's Days Payable falls into.


CQP
76GF Score
Cheniere Energy Partners LP CQP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheniere Energy Partners LP 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.

Cheniere Energy Partners LP'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
=( (62 + 53) / 2 ) / 5833*365
=57.5 / 5833*365
=3.60

Cheniere Energy Partners LP'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
=( (53 + 52) / 2 ) / 2936*365 / 4
=52.5 / 2936*365 / 4
=1.63

* 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 1.63 mean?
Cheniere Energy Partners LP (CQP) has a Days Payable of 1.63 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 Cheniere Energy Partners LP and its competitors. This is 43% below median its historical median of 2.86. Over the past decade, Cheniere Energy Partners LP's Days Payable has ranged from 0.76 to 13.95. According to the industry distribution chart, Cheniere Energy Partners LP ranks #838 out of 854 companies in the Oil & Gas industry, placing it in the top 98.1%.
Is Cheniere Energy Partners LP's Days Payable too high?
Cheniere Energy Partners LP's current Days Payable of 1.63 is 43% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 13.95. The Oil & Gas industry median Days Payable is 57.15. Cheniere Energy Partners LP's value of 1.63 is 97.1% below this industry median. Based on the distribution chart, Cheniere Energy Partners LP ranks #838 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Cheniere Energy Partners LP has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's Days Payable compare to VG and WES?
According to the Oil & Gas industry distribution chart, Cheniere Energy Partners LP ranks #838 out of 854 companies for Days Payable. This places Cheniere Energy Partners LP in the lower half of its industry. The industry median Days Payable is 57.15. Cheniere Energy Partners LP's value of 1.63 is 97.1% below this benchmark. Historically, Cheniere Energy Partners LP's own Days Payable has ranged from 0.76 to 13.95 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 57.15, Cheniere Energy Partners LP has consistently been below 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 57.15, based on 854 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. Cheniere Energy Partners LP's current Days Payable of 1.63 is 97.1% 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 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 Cheniere Energy Partners LP and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy Partners LP's current Days Payable is 1.63, which is 43% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy Partners LP (CQP) is currently considered Fairly Valued. The stock's GF Value™ is $62.13, compared to a current price of $60.53 — trading 2.6% below its estimated fair value. The current Days Payable is 1.63, which is 43% below median its 10-year median of 2.86 and 97.1% below the Oil & Gas industry median of 57.15. Cheniere Energy Partners LP's overall GF Score™ is 76/100 with 11 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 Cheniere Energy Partners LP (CQP), the current Days Payable is 1.63 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 Cheniere Energy Partners LP (CQP) Overvalued in 2026?

Based on GuruFocus' analysis, Cheniere Energy Partners LP stock appears to be undervalued. The current stock price of $60.53 is trading 2.6% below its estimated GF Value™ of $62.13. GuruFocus considers Cheniere Energy Partners LP to be Fairly Valued.

Key valuation signals for CQP:

  • Days Payable: 1.63 (43% below median its 10-year median of 2.86)
  • GF Value™: $62.13 vs. price of $60.53 (2.6% below fair value)
  • GF Score™: 76/100 with 11 warning signs
  • Industry Position: 97.1% below the Oil & Gas median (#838 of 854)

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


Cheniere Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy Partners is a liquified natural gas producer operating one facility in Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed- and variable-fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. The profit generated through those activities is split with parent and operator Cheniere Energy.
76GF Score

Get the complete analysis for CQP

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

$60.53
Price
$62.13
GF Value