Keyera (FRA:K2Y) Days Payable: 49.30 (As of Mar. 2026) — Near Median


FRA:K2Y Keyera Corp FRA:K2Y
80 GF Score
Price €34.00
GF Value €24.52
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Keyera Days Payable?

Keyera FRA:K2Y -0.58% 80 Days Payable is 49.30 as of Mar. 2026, which is 6% above its 10-year median of 46.52. GuruFocus rates FRA:K2Y with a GF Score™ of 80/100 and a GF Value™ of €24.52 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 851 Oil & Gas companies, Keyera ranks worse than 62.4% on this metric.

Keyera's average Accounts Payable for the three months ended in Mar. 2026 was €441 Mil. Keyera's Cost of Goods Sold for the three months ended in Mar. 2026 was €817 Mil. Hence, Keyera's Days Payable for the three months ended in Mar. 2026 was 49.30.

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

FRA:K2Y' s Days Payable Range Over the Past 10 Years
Min: 31.82   Med: 46.52   Max: 62.67
Current: 42.6

During the past 13 years, Keyera's highest Days Payable was 62.67. The lowest was 31.82. And the median was 46.52.

FRA:K2Y's Days Payable is ranked worse than
62.4% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs FRA:K2Y: 42.60

Keyera's Days Payable increased from Mar. 2025 (38.75) to Mar. 2026 (49.30). It may suggest that Keyera delayed paying its suppliers.


Keyera Days Payable Historical Data

* Premium members only.

The historical data trend for Keyera'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.

Keyera Days Payable Chart

Keyera 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 42.32 40.54 37.18 32.10 36.04

Keyera 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 38.75 43.97 36.08 35.49 49.30

FRA:K2Y vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Keyera'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.


Keyera Days Payable vs Oil & Gas Industry

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

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


FRA:K2Y
80GF Score
Keyera Corp FRA:K2Y
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keyera 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.

Keyera'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
=( (390.775 + 324.106) / 2 ) / 3620.2*365
=357.4405 / 3620.2*365
=36.04

Keyera'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
=( (324.106 + 558.286) / 2 ) / 816.572*365 / 4
=441.196 / 816.572*365 / 4
=49.30

* 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 49.30 mean?
Keyera (FRA:K2Y) has a Days Payable of 49.30 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 Keyera and its competitors. This is near median its historical median of 46.52. Over the past decade, Keyera's Days Payable has ranged from 31.82 to 62.67. According to the industry distribution chart, Keyera ranks #531 out of 851 companies in the Oil & Gas industry, placing it in the top 62.4%.
Is Keyera's Days Payable too high?
Keyera's current Days Payable of 49.30 is near median its 10-year median of 46.52. Over the past 10 years, this metric has ranged from a low of 31.82 to a high of 62.67. The Oil & Gas industry median Days Payable is 57.95. Keyera's value of 49.30 is 14.9% below this industry median. Based on the distribution chart, Keyera ranks #531 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Keyera has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyera's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Keyera ranks #531 out of 851 companies for Days Payable. This places Keyera in the lower half of its industry. The industry median Days Payable is 57.95. Keyera's value of 49.30 is 14.9% below this benchmark. Historically, Keyera's own Days Payable has ranged from 31.82 to 62.67 over the past decade. While the company's 10-year median is 46.52 vs. the industry median of 57.95, Keyera 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. Keyera's current Days Payable of 49.30 is 14.9% 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 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 Keyera 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. Keyera's current Days Payable is 49.30, which is near median its own 10-year median of 46.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyera stock overvalued right now?
Based on GuruFocus' analysis, Keyera (FRA:K2Y) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.52, compared to a current price of €34.00 — trading 38.7% above its estimated fair value. The current Days Payable is 49.30, which is near median its 10-year median of 46.52 and 14.9% below the Oil & Gas industry median of 57.95. Keyera's overall GF Score™ is 80/100 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 Keyera (FRA:K2Y), the current Days Payable is 49.30 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 Keyera (FRA:K2Y) Overvalued in 2026?

Based on GuruFocus' analysis, Keyera stock appears to be overvalued. The current stock price of €34.00 is trading 38.7% above its estimated GF Value™ of €24.52. GuruFocus considers Keyera to be Significantly Overvalued.

Key valuation signals for FRA:K2Y:

  • Days Payable: 49.30 (near median its 10-year median of 46.52)
  • GF Value™: €24.52 vs. price of €34.00 (38.7% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 14.9% below the Oil & Gas median (#531 of 851)

No single metric tells the full story. See the FRA:K2Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyera Business Description

Industry EnergyOil & Gas
Other Exchanges KEYUF:USAKEY:Canada
Address 144 - 4th Avenue SW, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4
Keyera Corp is a midstream energy business that operates out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of natural gas liquids, iso-octane, and crude oil. The company operates in three reportable segments namely Gathering and Processing, Liquids Infrastructure and Marketing where Liquids Infrastructure is the key revenue segment.
80GF Score

Get the complete analysis for FRA:K2Y

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

€34.00
Price
€24.52
GF Value