CNX Resources (FRA:CGD) Days Payable: 51.99 (As of Mar. 2026) — 17% Below Median


FRA:CGD CNX Resources Corp FRA:CGD
68 GF Score
Price €29.52
GF Value €37.10
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CNX Resources Days Payable?

CNX Resources FRA:CGD +0.54% 68 Days Payable is 51.99 as of Mar. 2026, which is 17% below its 10-year median of 62.36. GuruFocus rates FRA:CGD with a GF Score™ of 68/100 and a GF Value™ of €37.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, CNX Resources ranks worse than 60.4% on this metric.

CNX Resources's average Accounts Payable for the three months ended in Mar. 2026 was €138 Mil. CNX Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was €242 Mil. Hence, CNX Resources's Days Payable for the three months ended in Mar. 2026 was 51.99.

The historical rank and industry rank for CNX Resources's Days Payable or its related term are showing as below:

FRA:CGD' s Days Payable Range Over the Past 10 Years
Min: 42.4   Med: 62.36   Max: 81.37
Current: 44.32

During the past 13 years, CNX Resources's highest Days Payable was 81.37. The lowest was 42.40. And the median was 62.36.

FRA:CGD's Days Payable is ranked worse than
60.4% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs FRA:CGD: 44.32

CNX Resources's Days Payable increased from Mar. 2025 (46.76) to Mar. 2026 (51.99). It may suggest that CNX Resources delayed paying its suppliers.


CNX Resources Days Payable Historical Data

* Premium members only.

The historical data trend for CNX Resources'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.

CNX Resources Days Payable Chart

CNX Resources 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 40.91 49.43 64.34 47.12 47.89

CNX Resources 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 46.76 42.40 36.66 43.57 51.99

FRA:CGD vs CRC, MGY, MUR: Days Payable Comparison

For the Oil & Gas E&P subindustry, CNX Resources'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.


CNX Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where CNX Resources's Days Payable falls into.


FRA:CGD
68GF Score
CNX Resources Corp FRA:CGD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CNX Resources 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.

CNX Resources'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
=( (117.703 + 135.625) / 2 ) / 965.431*365
=126.664 / 965.431*365
=47.89

CNX Resources'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
=( (135.625 + 140.167) / 2 ) / 242.049*365 / 4
=137.896 / 242.049*365 / 4
=51.99

* 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 51.99 mean?
CNX Resources (FRA:CGD) has a Days Payable of 51.99 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 CNX Resources and its competitors. This is 17% below median its historical median of 62.36. Over the past decade, CNX Resources' Days Payable has ranged from 42.40 to 81.37. According to the industry distribution chart, CNX Resources ranks #514 out of 851 companies in the Oil & Gas industry, placing it in the top 60.4%.
Is CNX Resources' Days Payable too high?
CNX Resources' current Days Payable of 51.99 is 17% below median its 10-year median of 62.36. Over the past 10 years, this metric has ranged from a low of 42.40 to a high of 81.37. The Oil & Gas industry median Days Payable is 57.95. CNX Resources' value of 51.99 is 10.3% below this industry median. Based on the distribution chart, CNX Resources ranks #514 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CNX Resources has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNX Resources' Days Payable compare to CRC and MGY?
According to the Oil & Gas industry distribution chart, CNX Resources ranks #514 out of 851 companies for Days Payable. This places CNX Resources in the lower half of its industry. The industry median Days Payable is 57.95. CNX Resources' value of 51.99 is 10.3% below this benchmark. Historically, CNX Resources' own Days Payable has ranged from 42.40 to 81.37 over the past decade. While the company's 10-year median is 62.36 vs. the industry median of 57.95, CNX Resources 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 57.95, based on 851 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. CNX Resources's current Days Payable of 51.99 is 10.3% 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 CNX Resources 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. CNX Resources's current Days Payable is 51.99, which is 17% below median its own 10-year median of 62.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNX Resources stock overvalued right now?
Based on GuruFocus' analysis, CNX Resources (FRA:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.10, compared to a current price of €29.52 — trading 20.4% below its estimated fair value. The current Days Payable is 51.99, which is 17% below median its 10-year median of 62.36 and 10.3% below the Oil & Gas industry median of 57.95. CNX Resources' overall GF Score™ is 68/100 with 5 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 CNX Resources (FRA:CGD), the current Days Payable is 51.99 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 CNX Resources (FRA:CGD) Overvalued in 2026?

Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued. The current stock price of €29.52 is trading 20.4% below its estimated GF Value™ of €37.10. GuruFocus considers CNX Resources to be Modestly Undervalued.

Key valuation signals for FRA:CGD:

  • Days Payable: 51.99 (17% below median its 10-year median of 62.36)
  • GF Value™: €37.10 vs. price of €29.52 (20.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 10.3% below the Oil & Gas median (#514 of 851)

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


CNX Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CNX:USACGD:Germany
Address 1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.
68GF Score

Get the complete analysis for FRA:CGD

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

€29.52
Price
€37.10
GF Value