Clean Energy Fuels (FRA:WIQ) Days Payable: 22.86 (As of Mar. 2026) — 26% Below Median


FRA:WIQ Clean Energy Fuels Corp FRA:WIQ
63 GF Score
Price €1.77
GF Value €2.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Clean Energy Fuels Days Payable?

Clean Energy Fuels FRA:WIQ -1.12% 63 Days Payable is 22.86 as of Mar. 2026, which is 26% below its 10-year median of 30.83. GuruFocus rates FRA:WIQ with a GF Score™ of 63/100 and a GF Value™ of €2.58 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Clean Energy Fuels ranks worse than 79.2% on this metric.

Clean Energy Fuels's average Accounts Payable for the three months ended in Mar. 2026 was €20.8 Mil. Clean Energy Fuels's Cost of Goods Sold for the three months ended in Mar. 2026 was €83.0 Mil. Hence, Clean Energy Fuels's Days Payable for the three months ended in Mar. 2026 was 22.86.

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

FRA:WIQ' s Days Payable Range Over the Past 10 Years
Min: 24.26   Med: 30.83   Max: 49.59
Current: 27.84

During the past 13 years, Clean Energy Fuels's highest Days Payable was 49.59. The lowest was 24.26. And the median was 30.83.

FRA:WIQ's Days Payable is ranked worse than
79.2% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs FRA:WIQ: 27.84

Clean Energy Fuels's Days Payable increased from Mar. 2025 (21.29) to Mar. 2026 (22.86). It may suggest that Clean Energy Fuels delayed paying its suppliers.


Clean Energy Fuels Days Payable Historical Data

* Premium members only.

The historical data trend for Clean Energy Fuels'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.

Clean Energy Fuels Days Payable Chart

Clean Energy Fuels 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 28.29 33.87 48.16 48.35 28.33

Clean Energy Fuels 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 21.29 32.79 30.07 29.01 22.86

FRA:WIQ vs SGU, FGPR, HEOL: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.


Clean Energy Fuels Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Clean Energy Fuels's Days Payable falls into.


FRA:WIQ
63GF Score
Clean Energy Fuels Corp FRA:WIQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Energy Fuels 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.

Clean Energy Fuels'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
=( (31.802 + 22.354) / 2 ) / 348.885*365
=27.078 / 348.885*365
=28.33

Clean Energy Fuels'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
=( (22.354 + 19.213) / 2 ) / 82.958*365 / 4
=20.7835 / 82.958*365 / 4
=22.86

* 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 22.86 mean?
Clean Energy Fuels (FRA:WIQ) has a Days Payable of 22.86 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 Clean Energy Fuels and its competitors. This is 26% below median its historical median of 30.83. Over the past decade, Clean Energy Fuels' Days Payable has ranged from 24.26 to 49.59. According to the industry distribution chart, Clean Energy Fuels ranks #674 out of 851 companies in the Oil & Gas industry, placing it in the top 79.2%.
Is Clean Energy Fuels' Days Payable too high?
Clean Energy Fuels' current Days Payable of 22.86 is 26% below median its 10-year median of 30.83. Over the past 10 years, this metric has ranged from a low of 24.26 to a high of 49.59. The Oil & Gas industry median Days Payable is 57.95. Clean Energy Fuels' value of 22.86 is 60.6% below this industry median. Based on the distribution chart, Clean Energy Fuels ranks #674 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Clean Energy Fuels has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Days Payable compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #674 out of 851 companies for Days Payable. This places Clean Energy Fuels in the lower half of its industry. The industry median Days Payable is 57.95. Clean Energy Fuels' value of 22.86 is 60.6% below this benchmark. Historically, Clean Energy Fuels' own Days Payable has ranged from 24.26 to 49.59 over the past decade. While the company's 10-year median is 30.83 vs. the industry median of 57.95, Clean Energy Fuels 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. Clean Energy Fuels's current Days Payable of 22.86 is 60.6% 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 Clean Energy Fuels 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. Clean Energy Fuels's current Days Payable is 22.86, which is 26% below median its own 10-year median of 30.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (FRA:WIQ) is currently considered Possible Value Trap. The stock's GF Value™ is €2.58, compared to a current price of €1.77 — trading 31.4% below its estimated fair value. The current Days Payable is 22.86, which is 26% below median its 10-year median of 30.83 and 60.6% below the Oil & Gas industry median of 57.95. Clean Energy Fuels' overall GF Score™ is 63/100 with 4 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 Clean Energy Fuels (FRA:WIQ), the current Days Payable is 22.86 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 Clean Energy Fuels (FRA:WIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of €1.77 is trading 31.4% below its estimated GF Value™ of €2.58. GuruFocus considers Clean Energy Fuels to be Possible Value Trap.

Key valuation signals for FRA:WIQ:

  • Days Payable: 22.86 (26% below median its 10-year median of 30.83)
  • GF Value™: €2.58 vs. price of €1.77 (31.4% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 60.6% below the Oil & Gas median (#674 of 851)

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


Clean Energy Fuels Business Description

Industry EnergyOil & Gas
Other Exchanges CLNE:USA0I04:UK
Address 4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
63GF Score

Get the complete analysis for FRA:WIQ

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

€1.77
Price
€2.58
GF Value